defaulters

[US]/dɪˈfɔːltəz/
[UK]/dɪˈfɔltərz/
Frequency: Very High

Translation

n.persons who fail to fulfill a duty or obligation; individuals who violate rules or regulations; those who are absent

Phrases & Collocations

loan defaulters

credit defaulters

payment defaulters

defaulters list

defaulters report

defaulters registry

defaulters database

defaulters penalty

defaulters notice

defaulters action

Example Sentences

the bank has a list of defaulters who have not made their payments.

defaulters may face legal action if they do not settle their debts.

many defaulters struggle to regain their credit scores.

the government is implementing new policies to reduce the number of defaulters.

defaulters often find it challenging to secure loans in the future.

creditors are tightening their policies against defaulters.

to avoid being categorized as defaulters, timely payments are crucial.

defaulters may be required to attend financial counseling sessions.

some defaulters negotiate repayment plans with their creditors.

the rise in defaulters has raised concerns among financial institutions.

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