Create a plan for collecting late or defaulted payments.

First, they could pay an alternative compliance measure or "carbon tax", a default payment set by the regulatory body.

As a result, default payments have grown to become the third-highest expenditure in the Education Department.

The corporation has resumed payments on a new $2.9 million mortgage, which includes defaulted payments.

The next month, the minimum payment required was £26, but this time no money was received, leading to a further default payment.

The responsibility of the European Investment Bank is increased because the risk that default payments are more than 65 % is close to zero.

PayU operates as the default payments engine that drives trust, increased conversion and speed of settlement between sellers and buyers.

At either side of the diagram are the cashflows up to that point in time with premium payments in blue and default payments in red.

These steps could reduce the Export-Import Bank's future profitability if the greater risks it undertakes cause greater default payments.

The probability of surviving over the interval to without a default payment is and the probability of a default being triggered is .

Vanquis has received criticism on credit forum groups such as Money Saving Expert for the high interest charged on their product cards and charges levied on defaulted payments.