How to Understand Delinquency Rates.

Delinquency rates are a key metric when assessing the health of a loan portfolio. Delinquencies represent the number of loans that are past due by 30 days or more. The delinquency rate is the delinquencies as a percentage of the total number of loans. A high delinquency rate can indicate that a lender is having … Read more

What is the profit and loss account?

The profit and loss account is one of the most important documents in which related data of the company's accounting are collected together with the situation balance. Specifically, the concept of profit and loss account is understood as the summary of each and every one of the expenses and income that an entity generates after … Read more