missed payments

Bills not paid

Missed payments are required payments not made by their due date.

The term appears most often in credit and lending contexts, where missed payments damage credit scores and may trigger penalties: Two missed payments and they'll repossess the car.

A pattern of missed payments signals financial distress to creditors.

Related

delinquent · arrears · debt · collection · collection agency · debt collector · notice · reminder · penalty · fees · credit · credit score · score · bank account · bills · balance · owing · unpaid

Categories
Opposites
payment compliance

missed paymentscurrent account

Bank account for regular transactions

advance payments · overpayments

financial health indicators

missed paymentscreditworthiness

Ability to repay debts

fiscal responsibility · financial stability · solvency · financial solvency

Family

miss, missed, missing, misses, pays, paying, payer, payers, payee

Familiarity
Top 100,000
Profile
Used worldwide · Timeless · Negative · Everyday, not technical · Rated G