Definition
A payment that is overdue but not necessarily in default.
Why it’s relevant today
Rising delinquencies can provide an early signal of consumer stress.
Why it matters
Addressing delinquency early can prevent more severe consequences.
A payment that is overdue but not necessarily in default.
Rising delinquencies can provide an early signal of consumer stress.
Addressing delinquency early can prevent more severe consequences.
Discussion
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