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filling forms out (default on payments)

help!
I'm filling a form out for a new employer and one of the questions is:

Have you ever defaulted on a loan payment?

What does this mean? if i've missed a payment? if i've made an agreement with my loan company to pay X amount each month?

I don't know how it works.

Comments

  • PNPSUKNET
    PNPSUKNET Posts: 4,265 Forumite
    defaulted, means not kept to
  • Xbigman
    Xbigman Posts: 3,922 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Check your credit records. If there is a default on there you answer yes, if there isn't you answer no. Simply missing a few payments is not defaulting if a default notice was never issued.



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