Failure to make mortgage payments when mortgage payments are due. For most mortgages, payments are due on the first day of the month. Even though they may not charge a "late fee" for a number of days, the payment is still considered to be late and the loan delinquent. When a loan payment is more than 30 days late, most lenders report the late payment to one or more credit bureaus.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). delinquency. Retrieved September 21, 2026, from http://smartdefine.org/delinquency/definitions/1151772 |
| Chicago | Barry Goldsmith. 2010. "delinquency" http://smartdefine.org/delinquency/definitions/1151772 (accessed September 21, 2026). |
| Harvard | Barry Goldsmith 2010, delinquency, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/delinquency/definitions/1151772>. |
| MLA | Barry Goldsmith. "delinquency" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/delinquency/definitions/1151772> |