Multiple choice technology platforms and products

A card would be cancelled when it has_______

  1. 30 day ageing balance

  2. 60 day ageing balance

  3. 90 day ageing balance

  4. All of these

  5. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Credit card management systems typically trigger automatic account cancellation when a delinquency reaches a 90-day aging balance (representing three consecutive missed billing cycles). Younger aging balances (30 or 60 days) trigger collection activities but not automatic cancellation, making other options incorrect.

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