Glossary
Delinquency
Failing to pay on the due date
Delinquency is failing to pay loan interest or a card bill by its due date. It drops your credit score and adds penalty interest, so the burden can grow fast if it piles up.
Glossary
Failing to pay on the due date
Delinquency is failing to pay loan interest or a card bill by its due date. It drops your credit score and adds penalty interest, so the burden can grow fast if it piles up.