Examples of in default in a Sentence
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That refers to when borrowers can get out of being in default on their loans by making a certain number of on-time payments under a rehabilitation agreement.
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Alison Durkee, Forbes.com, 23 May 2025
In addition to wages, the federal government may also seize tax refunds and Social Security retirement and disability benefits when loans are in default.
—Alain Sherter, CBS News, 21 May 2025
The Education Department estimates that nearly 10 million people could be in default on their student loans within months.
—Annie Nova, CNBC, 20 May 2025
Borrowers in default must ask their loan servicer to be placed into such a program.
—Adriana Morga, Los Angeles Times, 17 May 2025
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Alison Durkee, Forbes.com, 23 May 2025
In addition to wages, the federal government may also seize tax refunds and Social Security retirement and disability benefits when loans are in default.
—Alain Sherter, CBS News, 21 May 2025
The Education Department estimates that nearly 10 million people could be in default on their student loans within months.
—Annie Nova, CNBC, 20 May 2025
Borrowers in default must ask their loan servicer to be placed into such a program.
—Adriana Morga, Los Angeles Times, 17 May 2025
See All Example Sentences for in default
Cite this Entry
“In default.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/in%20default. Accessed 3 Jun. 2025.
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