Difference between revisions of "Non-Accrual Loan"
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'''Non-Accrual Loan''' is an accounting classification applied to delinquent loans (e.g. after 90 days of non-payment). When a loan is classified with non-accrual status, interest stops accumulating. | '''Non-Accrual Loan''' is an accounting classification applied to delinquent loans (e.g. after 90 days of non-payment). When a loan is classified with non-accrual status, interest stops accumulating. | ||
| + | == See Also == | ||
| + | * [[NPL Glossary]] | ||
---- | ---- | ||
[[Category:NPL]] | [[Category:NPL]] | ||
[[Category:Credit Risk]] | [[Category:Credit Risk]] | ||
Latest revision as of 10:19, 28 September 2021
Definition
Non-Accrual Loan is an accounting classification applied to delinquent loans (e.g. after 90 days of non-payment). When a loan is classified with non-accrual status, interest stops accumulating.
