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in default



Example Sentences

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That December, Fitch Ratings agency declared the firm in default.

From Barron's Aug. 20, 2026

Out of $1.7 trillion in federally backed student loans nationwide, $233.3 billion is in default.

From Los Angeles Times Jul. 20, 2026

At KKR, the restructurings will add to defaults at one of its largest private-credit funds, which already had 5.5% of its loans in default in December.

From The Wall Street Journal Apr. 24, 2026

Most of the borrowers who are in default and see their wages garnished don’t actually need to go through this painful process.

From Barron's Feb. 10, 2026

On June 25 the total number of loans in default spiked to 18.68 percent.

From "The Big Short" by Michael Lewis




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