Being a defaulter
means a borrower was not able to repay the money borrowed from CASHe on time.
This is not a good thing because CASHe trusted the borrower to pay them back.
If they cannot repay, their name may be put on the CASHe app, website, and
social network as someone who did not pay back the money they borrowed. CASHe
might also have to take steps to recover the funds from the borrower, and they
might even tell other places that give out loans that the borrower did not pay
back a loan.