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This factor is most significant in accounting for differences between children who live with both biological parents and those living in single-parent, remarried, cohabiting, or stepparent households.
Defaulted On The Loan
A situation in which a borrower fails to make the agreed-upon payments on a loan within the specified time, leading to a breach of the loan agreement.
Security Interest
A legal claim or right granted to a creditor over the debtor's assets as collateral for a loan.
Monthly Payments
Regular payments made once a month, often in the context of loans, rent, or subscriptions.
Security Interest
A legal claim or right granted on property or assets as collateral to secure the performance of an obligation, such as repayment of a loan.
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