Threaded fasteners are vastly used in the industry due to ease of mounting and dismounting and flexibility of design. Nonetheless, several researchers indicate that most failures recorded on nearly any kind of machinery and vehicles are initiated at fasteners. This review paper aims at summarising the failures involving threaded fasteners available in the literature. The analysis involves categorization of the failures according to the root cause, e.g., incorrect assembly, overload, fatigue, preload loss during operation, among others. The purpose of this review paper is to give a systematic glance of the topic to the scientific and technical community, to correctly orient future investigations on the broad topic of threaded fasteners.