However, if you fall behind on your payments, your loan may go into default, which can come with some serious consequences. No one wants to default on a loan. But, in case you do, it's helpful to ...

The findings from a survey of lenders suggest a more positive economic outlook has not fed through to household finances yet, an expert said.

These loans are backed by your valuable assets, which the lender can seize if you default. As a result, the lender takes on less risk and is often willing to accept a broader range of borrowers.

Exodus of foreign-owned banks after the crash has been costly for Ireland's bank customers and bad for the wider economy ...

A Nigerian man sparked discussions when he shared a photo of a couple labeled as deceased by a loan app after they defaulted on loan repayment. The post was captioned: “All because they couldn’t pay ...

Many auto lenders offer debt relief programs that can lessen the impact for struggling borrowers — but the key is to reach out before you’re underwater on your loan. When you default on a loan ...

The owner of Thames Water is a step closer to insolvency after it issued a notice to lenders that it has defaulted on £400m of bonds. Kemble Water had already revealed that it would be unable to meet ...

The 10 Kenyan listed banks set aside an extra Sh46.6 billion in the year ended December as a precaution to cover expected credit losses in the face of soaring loan defaults last year. According to an ...

Businessman Paul Coulson’s Ardagh Group has secured at least $1.04 billion (€980 million) of loans from US alternative asset manager ... which has been one of the most active Irish-run players in the ...