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Rather than risk legal action, Greece decided to make a repayment of €436m on its foreign-governed debts.
"Every time you make a repayment on the guarantor loan the info is passed to the credit reference agencies, so over a period of time you can repair your rating and at some stage borrow from mainstream lenders again".
Argentina slipped into default this week after it failed to reach a deal with the US hedge funds in time to make a repayment deadline to the rest of its creditors, which form the vast majority.
The talks could also allow Greece – which is due to make a repayment of €450m to the IMF on Thursday – to benefit from improved ties in other sectors such as energy, tourism and trade, Mr Tsipras told Russia's Tass news agency.
Greece is expected to make a repayment to the International Monetary Fund (IMF) of around 450m euros (£330m; $490m) on Thursday.
Greece cannot make a repayment to the International Monetary Fund (IMF) due on 5 June as it does not have the money, the interior minister says.
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Even if you do not have a flexible mortgage which allows you to take payment holidays on your loan, your mortgage lender may well be willing to give you a month or two off making a repayment, if you can convince them that you'll then be back on track.
"No sooner had Greece got back into traders' good books after making a repayment to the IMF, a comment from Yanis Varoufakis about the country's solvency sparked a new sell-off".
Of the 1,576 criminal complaints Appleseed analyzed, 385 resulted in the borrower making a repayment on their loan.
This is when Greece is due to make a €3.4bn repayment to the European Central Bank.
Greece is due to make a €3.2bn repayment to the ECB on 20 August.
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