What Should You Do When You Get a Default Notice?
March 20, 2025How Can You Check Your Credit Report for Defaults?
March 20, 2025A credit default is an overdue debt of $100 or more that hasn’t been paid by the agreed date. For a debt to be listed as a default:
- The debt must be at least 60 days overdue
- The creditor must have sent you notices requesting payment
- The creditor must have notified you that they intend to list a default
Defaults are serious matters that indicate you’ve failed to meet your payment obligations.