Technical number of late payment days

Sansin · Anmeldedatum: 19.07.2017 Beiträge: 2

Each loan originator determines the technical number of late payment days for loans that are not marked as delayed. This is determined by bank-to-bank payments, bank or national holidays, and/or specifics policies of loan originators:
For Debifo loans, this period is 15 days
Capitalia loans - 8
Mogo - 5
Others - 4 days.

What is your opinion on it?

Claus Lehmann · Site Admin Anmeldedatum: 31.08.2007 Beiträge: 17508

Welcome.

As long as it is clearly spelled out beforehand, I think investors can live with that.
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