Unpaid Balance

(redirected from Unpaid Balances)

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 ?
Schiff also used stolen identities to obtain lines of credit and credit cards, leaving large unpaid balances, the release said.
These online lenders allegedly misused borrowers' information, particularly the disclosure of unpaid balances to other people.
Privacy commissioner Raymund Liboro said they have received over 400 complaints from borrowers over alleged misuse of their personal information, including disclosure of their unpaid balances to other people.
These operators, which Liboro refused to identify, are charged of allegedly misusing the borrower's information, including the disclosure of unpaid balances to other people.
Qualified students will have any unpaid balances on their term bills placed in suspension until the partial government shutdown ends.
While a free flight or hotel room can be tempting, the rewards may not be worth the pain if you end up paying interest and penalties on unpaid balances. And if you earn a free flight, for example, keep in mind there are vacation-related expenses such as hotel, meals, and sightseeing that could strain your budget.
Lease default rates for prospects with a positive rental payment history (meaning one with no skips or unpaid balances) are only 5.96 percent.
The figures indicate that the primary purpose for the increase in cash advances stems from consumers attempting to pay off existing debt, and that overdrafts and unpaid balances have also risen.
Mission Capital Advisors announced that its Commercial Loan Sales and Trading Group arranged the sale of the loan portfolio with $ 199.8 million in unpaid balances and a book value of $150.1 million.
Don't unnecessarily stack up unpaid balances at a higher rate.
The FCA said that default fees will be capped at PS15, alongside a limit of 0.8% per day on interest on unpaid balances in order to ensure that those who cannot repay on time will never have to pay back more in charges than the amount borrowed.
Unpaid balances accrue a monthly interest fee of 1.5%.