• An arrears rate of more than 60 is a metric commonly used to measure the number of mortgages that are more than 60 days overdue on monthly payments.
  • An NPL of over 60 is often expressed as a percentage of a group of loans that were disbursed over a given period of time, such as one year.
  • A delinquency rate of over 60 is useful because it shows lenders consumers who could default on their loans.