A loan which has passed its due date. Usually, it is referred to as a ‘past due loan’ when payments fall behind for over a couple of months, regardless of the fact whether partial reimbursement has been given or not.
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A loan which has passed its due date. Usually, it is referred to as a ‘past due loan’ when payments fall behind for over a couple of months, regardless of the fact whether partial reimbursement has been given or not.
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