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What is an account in arrears?

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May 9, 2019 by   Zoe Stabler

Account in arrears? Quite simply, at least one payment is overdue. You’ll know how many by the marker on your credit report. Your account will […]

Defaulting on an account

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by   Zoe Stabler

You will default on an account if you do not pay arrears on the account. The lender usually cancels the credit agreement you have with […]