About the only real difference is the name.

On an Equifax (Formerly Veda Advantage) credit file ordered directly by a consumer, you might see the heading “Overdue Account(s)” but the same listing from a business subscriber, you might see it called a “Default”.

Otherwise, you could say it is an overdue account for at least 60 days before it can be listed as a default.

2017-04-29T13:06:14+00:000 Comments