on-time payment

Meeting the deadline

An on-time payment is one made by its due date, neither early nor late.

The phrase appears most often in financial contexts—credit cards, loans, mortgages—where payment history affects credit scores: Three consecutive on-time payments will restore your account to good standing.

A pattern of on-time payments demonstrates reliability to lenders.

Related

credit · credit score · good standing · reliable · deadline · billing cycle · invoice · installment · automatic · scheduled · responsible · financial responsibility · mortgage · rent · trustworthy · consistent · prompt · balance

Categories
Opposites
timeliness

on-time paymentlate payment

Remittance past its deadline

overdue payment · delinquency · arrears · back payment · early payment

fulfillment of obligation

on-time paymentdefault

Preset standard option

nonpayment · payment default · loan default · failure to pay · outstanding balance

Family

time, payment, paying, payable, payer, payee, repay, repayment, prepay

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Positive · Everyday, not technical · Rated G