📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

What is considered "delinquent" debt?

I have encountered the term delinquent debt on a job application form and I am wondering if anyone can tell me whether this term only refers to debts which have yet to be paid or whether it includes debts which have been or are being serviced.

Cheers.

Comments

  • hypno06
    hypno06 Posts: 32,296 Forumite
    10,000 Posts Combo Breaker
    I understand it to mean "bad debt" - anything that you are on top of is ok, anything that you are behind with or have CCJs, arrangements etc, may be included in "delinquent".

    But I don't know for definite.
    Successful women can still have their feet on the ground. They just wear better shoes. (Maud Van de Venne)
    Life begins at the end of your comfort zone (Neale Donald Walsch)
  • Gemmzie
    Gemmzie Posts: 14,876 Forumite
    "Basically, delinquent debt is money that is owed, past the traditional 30-day period, by one party (the debtor) to another party, for goods or services rendered. Although debt over 30 days is considered delinquent, we are primarily talking about accounts that are still outstanding after 180 days."
    From a debt website

    I thought it was one that was behind on payments so I guess that's about right
    No longer using this account for new posts from 2013
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.5K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.