e/Universal default

Information
has gloss	eng: Universal default is the term for a practice in the financial services industry for a particular lender to change the terms of a loan from the normal terms to the default terms (i.e. the terms and rates given to those who have missed payments on a loan) when that lender is informed that their customer has defaulted with another lender, even though the customer has not defaulted with the first lender.
lexicalization	eng: universal default
instance of	c/Ethically disputed business practices

Media
media:img	Universal Default.jpg