Posted on: 13th Jan, 2011 12:33 pm
What is the law for a 30 day to be reported on the credit bureau.
Is it calendar days or business days? What DATE does the first count day begin for 30 days delinquency?
Example: payment due on 11/1 and payment made on 12/1. Is this considered 30 days? as payment was accepted PRIOR to the end of business closing day on 12/1.
Is it calendar days or business days? What DATE does the first count day begin for 30 days delinquency?
Example: payment due on 11/1 and payment made on 12/1. Is this considered 30 days? as payment was accepted PRIOR to the end of business closing day on 12/1.
It is calendar days.
The payment is late if received on the 30th day, not AFTER the 30th day.
If your payment was received and processed/credited on the 30th day, it is 30 days late.
The payment is late if received on the 30th day, not AFTER the 30th day.
If your payment was received and processed/credited on the 30th day, it is 30 days late.