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What is a Delinquent Loan? A delinquent loan refers to a mortgage on which the borrower has didn't make the required payments by the due date. When a borrower misses one cost, the loan is assessed as delinquent. The interval resulting in delinquency can range relying on the phrases agreed upon between the lender and the borrower. Lenders often categorize delinquent loans as 30, 60, or ninety days delinquent, relying on how long the borrower has postponed payme
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