Sentence examples for avoided defaulting on from inspiring English sources

Some loan types were supposed to be offered only to borrowers with high credit scores; but often credit scores were inflated, because people had avoided defaulting on their credit cards or other debt by refinancing their homes.

A6 A Loan Reprieve for Argentina The government avoided defaulting on its last remaining open line of credit and gained a temporary reprieve for its devastated economy when the I.M.F.

But for a company that narrowly avoided defaulting on $183 million in debt just days ago, the prospect of missing $4.9 billion -- more than half its revenue last year -- makes bankruptcy seemingly inevitable.

Defers Argentina Payment The government of Argentina avoided defaulting on its last remaining open line of credit and gained a temporary reprieve for its devastated economy when the International Monetary Fund agreed to postpone a loan repayment of nearly $1 billion that was due this week.

The United States narrowly avoided defaulting on its debt — this time — with its last-minute deal to raise the debt limit.

"Argentina makes no real argument that, to avoid defaulting on its other debt, it cannot afford to service the defaulted debt".

As a result, the bank will avoid defaulting on its conventional debt to other financial institutions.

Cities normally go to great lengths to avoid defaulting on their general obligations.

In such a scenario, Nicosia would not be able to avoid defaulting on its debts.

The Irish pay-TV operator is seeking extra funding to avoid defaulting on sports rights payments and sliding into administration.

The company is trying to sell assets to avoid defaulting on a $3.39 billion loan at year's end.