JOHANNESBURG (Reuters) -Gabon’s recent swap of regional market bonds and bills did not amount to a distressed debt exchange, which means the country avoided a default, rating company Fitch said ...

A new analysis by credit reporting bureau TransUnion reveals troubling insight. Student loan borrowers who faced default in recent months have seen their credit scores plummet an average of 63 points.

As of Monday, the U.S. Department of Education is restarting "involuntary collections" on federal student loans that are in default, which may seriously damage the credit scores of millions of ...

Our recent article, Swaps and Basis Trades Warn Of Mounting Liquidity Problems, touched on negative interest rate swap spreads as ... interest rate risk, Credit Default Swaps (CDS), a topic ...

A credit default swap (CDS) is a derivative financial instrument. It protects the lender from the consequences of the borrower's default and allows the investor to take credit risk. The tool is used ...

It can lead to the individual defaulting on their debt obligations. A default can ruin the individual’s credit report and stay there for a long time. In this article, we will understand what a ...

Answer: A credit card holder who fails to pay three consecutive monthly or six non-consecutive bills may be considered in default. This is under Article 4 (4) of the Personal Loan Agreement format ...

which can negatively impact your credit. Default occurs when your loan remains delinquent for an extended period. For most federal student loans, this happens after 270 days of missed payments.

Investing.com -- S&P Global Ratings has lowered its long and short-term issuer credit ratings for the Swedish distressed debt purchaser, Intrum AB, to ’D’ from ’SD’ (selective default). This decision ...