Sentence examples for defaulted credit from inspiring English sources

Over all, the government recoups about 80 cents for every dollar that goes into default — an astounding rate, considering most lenders are lucky to recover 20 cents on the dollar on defaulted credit cards.

Amerco has standstill agreements with its banks, such as units of J.P. Morgan Chase, Bank of America, FleetBoston Financial, Citigroup and Washington Mutual, holding a $205 million defaulted credit line, and with lenders holding the $100 million in bonds that came due in October.

Schlossberg acknowledges that they don't know if the business model of charging $5/week will work, because there are a still a lot of unknowns the pilot is attempting to figure out like the average credit utilization or how much they'll lose on defaulted credit.

I speak of the debt-collector alchemists who can turn seemingly worthless defaulted credit card debt into pure gold.

Keep your family fed and your house payments up-to-date before you even think of paying on a defaulted credit card.

And none of Lehman's defaulted loans poses a major credit risk, he said.

Credit losses, or losses from defaulted mortgage loans, fell to $13.9 million in the quarter, from $18.7 million a year earlier.

Any delinquent or defaulted loans will be reported to the major credit-reporting services.

Once it emerges from default, the ratings on the defaulted bonds would be lifted, too.

Foreclosures wreck the credit of borrowers for many years; some defaulted borrowers will never re-establish credit.

About half of that increase is actually newly issued debt, and the other half comes from defaulted student loans that have been newly updated on credit reports this quarter.