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A default happens when a borrower fails to make required payments on a debt. Learn more about the consequences of default on your finances and credit rating.| Investopedia
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Foreclosure is the legal process by which a lender seizes and sells a home or property after a borrower is unable to meet their repayment obligation.| Investopedia
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An interest rate is the percentage of interest relative to the principal. It is either what lenders charge borrowers or what is earned from deposit accounts.| Investopedia
Find information and tools to submit a consumer complaint to the Consumer Financial Protection Bureau.| Consumer Financial Protection Bureau