« Back to Glossary Index
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.
Get in Touch
Want more information? Have a deal you'd like to discuss? Let us know!
Give us a ring
407-476-2500
Mon – Fri, 9:00am – 6:00pm ET
E-mail us
[email protected]