What word?

0 ⤊

delinquency and foreclosure rates

What is this?

i'd like to know..

2006-12-01 11:21:37 · 2 answers · asked by Iamman 1 in Society & Culture ➔ Languages

2 answers

Delinquency rates are higher interest rates that are charged to people who have made late payments. If someone had a 14% interest rate and made two late payments, the rate typically goes up to 24% - 28%. Foreclosure has to do with property that is being seized by the bank due to nonpayment of the mortgage.

2006-12-01 19:35:19 · answer #1 · answered by Jeannie 7 · 0⤊ 0⤋

Do you want to know it in German??

delinquency: "Vergehen", "KriminalitÃ¤t"

foreclosure rates : "gerichtliche VerfallserklÃ¤rung", "Zwangsvollstreckung"

Best wishes
Ginnie

2006-12-01 19:50:36 · answer #2 · answered by Ginnie D 2 · 0⤊ 0⤋