A collateral loan is secured by something with significant value in case you default. This lowers the risk for the lender.

Read on to find out more. What is a loan default? What happens if you default on a small business loan? How to avoid defaulting on your small business loan Bottom line A default occurs when you've ...

While it may not always be in a lender’s best interest to initiate a foreclosure against a borrower in default for a non-monetary term of the loan, it is nonetheless an option which remains available ...

A receivership hearing and summary judgment meeting have been set for the end of the month in the Greenfield Banking Co. vs. Greenwalt-MKP LLC, Greenwalt Development Group lawsuit.

For student loan borrowers, we're gonna talk about something no one wants to face: defaulting on those loans. It's a scary word, and for good reason-the fallout can hit hard and st ...

A Lake Tahoe luxury hotel development is in a precarious financial situation after receiving a second notice of default over an $82 million loan in less than a year. Utah-based Lake Tahoe Partners LLC ...

The non-performing loan (NPL) ratio was below 5 percent in ... effectively using taxpayers' money to cover default loans. These funds could have been directed toward education, healthcare, or ...