Sentence examples for default on loans from inspiring English sources

The phrase "default on loans" is correct and usable in written English.
It is typically used in financial contexts to describe a situation where a borrower fails to meet the legal obligations of a loan agreement.
Example: "If you default on loans, it can severely impact your credit score and financial future."
Alternatives: "fail to repay loans" or "miss loan payments."

Exact(45)

Economists say the inability to borrow foreign currency is dangerous because it can quickly turn healthy economies into sick ones, as companies and even potentially governments default on loans.

A subsidiary in Britain is in default on loans, and AES faces several lawsuits in California, where it is one of the companies blamed for soaring electricity prices in 2000.

The guarantee is significant, given the number of students who default on loans.

Xpedior also said it expected to be declared in default on loans from Comerica Bank.

(American firms are expected to default on loans at a rate of 23percentt).

The project has failed and is in default on loans and guarantees.

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Similar(9)

This followed BIB's default on loan repayments in late September.

The company, a maker of sensors and sensor-based consumer products, also said it was in default on loan agreements.

Without the latter, the former could still hide if one city has a culture that makes defaulting on loans common.

Fewer companies defaulted on loans as the economy expanded.

The developers of many of them then defaulted on loans from state-owned banks.

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