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n 1-30 Days Delinquent: This is often a warning section the place lenders will send reminders.
31-59 Days Delinquent: Things get a bit more severe. The lender may apply late fees and report delinquencies to credit bureaus.
60-89 Days Delinquent: Lenders would possibly escalate their efforts to achieve you, with important late fees and higher interest rates now incurred.
90+ Days Delinquent: Your account may be handed over to a group agency, and your credit score report will take a substantial