Can you can get a loan with a standard?

Can you can get a loan with a standard?

Numerous lenders will view defaults as a critical negative mark on your credit file. With “defaulted loans”, bad credit frequently follows, but it doesn’t imply that securing credit will forever be out of reach.

So what does it suggest to default on that loan?

A standard does occur once you have missed re payments and broken the regards to your credit contract.

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