Delinquency.
Delinquency. A loan for which a scheduled loan payment is more than 30 days past due and cannot be cured within 30 days.
Source
7 CFR § 4279.202
Scoping language
Terms used in this subpart are defined in this section. Terms used in this subpart that have the same meaning as the terms defined in this section have been capitalized in this subpart.