What is defaulting? Will give brainiest to the most explained and helpful person!!!!
A) Failing to pay debts
B) too many credit accounts
C) a low credit score
A) Failing to pay debts
B) too many credit accounts
C) a low credit score
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Answer:
In finance, default is failure to meet the legal obligations (or conditions) of a loan, for example when a home buyer fails to make a mortgage payment, or when a corporation or government fails to pay a bond which has reached maturity.
Answer:
hello!!
and the answer is (A)
failing to pay debts/loans