Unpaid Balance

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Unpaid Balance

An amount that has been borrowed but not repaid. This term applies to loans, lines of credit, cash advances and other forms of debt.
References in periodicals archive ?
8 million in unpaid balances and a book value of $150.
Unpaid balances accrue a monthly interest fee of 1.
8% per day on interest on unpaid balances, should mean those who cannot repay on time will never have to pay back more in charges than the amount borrowed.
The regulator said that fixed default fees were also to be capped at GBP15 with interest on unpaid balances and default fees not exceeding 0.
But the vast majority of the unpaid balances relating to the previous year are being paid during the early part of 2013-14.
The mortgages being offered were acquired in 2011 and represent approximately $15 million in unpaid balances collateralized by quality commercial real estate assets located in New Jersey.
The move will cancel unpaid balances on second lien debt for qualified homeowners, who are being informed by the bank of their eligibility.
That represents a lot of loans to work through--the 2008 vintage alone represents some $14 billion of unpaid balances in foreclosure, and the overall FHA foreclosure inventory continues to rise.
After 30 days, unpaid balances are tacked on to residents' property tax bills, with an annual 14 percent interest rate.
It's a safe bet that few of those Americans could name the interest rate charged on unpaid balances on each of those cards, or list all the fees and penalties that can follow a late payment.
Keeping close track of unpaid balances, write-offs, and refunds is important, and making sure that the latter two are legitimate is critical to survival.
6015 have been effective for determining unpaid balances due the IRS as of July 22, 1998 and Federal tax liabilities arising after that date, many cases have recently been decided by the Tax Court and district courts.