Payment Hierarchy and Delinquency Calculation

    How payments apply and when delinquency thresholds are crossed.

    Updated 8/14/2025 · 1 min read

    Allocation rules

    Define how payments allocate across principal, interest, and fees, and how that interacts with delinquency counters. Transparency helps align internal policy with reported outcomes.

    Bucket progression

    Ensure the system increments delinquency buckets at the correct cadence (e.g., 30/60/90+ days) and aligns with status changes and payment rating.