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What is delinquency?

Delinquency
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What is delinquency?

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Delinquency is when undisputed charge card account balances remain unpaid more than 61 days past the statement date. Individually billed account (IBA) cardholders are liable for payment on their account regardless of whether they have received reimbursement from their agency. Account balances that are in dispute or being reviewed are not considered delinquent.

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