The rate at which debt holders default on the amount of money that they owe. It is often used by credit card companies when setting interest rates, but also refers to the rate at which corporations default on their loans. Default rates tend to rise during economic downturns, since investors and businesses see a decline in income and sales while still required to pay off the same amount of debt.
Related information about default rate:
- Default Rate Definition | Investopedia
This rate can be used in reference to two main things:1. The rate of borrowers who fail to remain current on their loans. It is a critical piece of information used by ...
- Default Rate on Federal Student Loans Rises Again - Government ...
Sep 30, 2012 ... The percentage of borrowers who defaulted within two years of entering repayment was 9.1 percent, more than twice the historic low set seven ...
- What is default rate? definition and meaning
Definition of default rate: The rate at which debt holders default on the amount of money that they owe. It is often used by credit card companies when setting ...
- Cohort default rate - Wikipedia, the free encyclopedia
A cohort default rate is the percentage of a school's borrowers who enter repayment on certain loans during a federal fiscal year (October 1 to September 30) ...
- Leveraged loan default rate forecast trends lower: LCD's quarterly ...
Sep 25, 2012 ... In recent months, loan market players have grown more optimistic about the near -term default outlook, according to LCD's latest quarterly ...
- Student loan default rates jump - Sep. 28, 2012
Sep 28, 2012 ... The report marks the first year the Department of Education published the three- year default rate, and it will make public only three-year rates ...
- Default Rates | Federal Student Aid
Glossary. Default. Failure to repay a loan according to the terms agreed to in the promissory note. You may experience serious legal consequences if you default ...
- Official Two-year Cohort Default Rates for Schools
Sep 28, 2012 ... A 2-year cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) ...