Defaults 101: everything you need to know about defaults

What is a default? How long does it remain on your credit report? How can it impact you? These are just some of the questions that crop up when we start thinking about defaults.

Getting to know the 101 of defaults can help you better understand what a default actually is and how it can impact you. In this infographic, we take you through the definition of a default, possible ways you can get a default and some of the different ways you can remove a default from your credit report.

Educating yourself about defaults means being empowered and aware so you can prevent them in the future! Read on for more information.

 

 

Defaults101 EverythingYouNeedTo Know