Delinquency

4 topics · 7 sources

Business

Banking

A debt that was not paid when due.

Business› Finance

Personal Finance

A debt that was not paid by the loan’s payment date.

Business› Finance› Personal Finance

Mortgage

Failure to make a loan payment to whom it is due. A loan usually is considered delinquent when it is 30 or more days past due.

failure to make a payment when it is due. A loan is generally considered delinquent when it is 30 or more days past due.

Business

Real Estate

Failure to make a payment when it is due. The condition of a loan when a scheduled payment has not been received by the due date, but generally used to refer to a loan for which payment is 30 or more days past due.

Failure of a borrower to make timely mortgage payments under a loan agreement. Generally after fifteen days a late fee may be assessed.

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