Why this is mistaken
Age informs risk; it does not decide collection. Use controlled terms and dates, then connect delinquency with relevant historical, current, and forecast evidence.
Where to watch
When this mistake may appear
- It is over 60 days old.
- Current invoices are collectible.
Check your work
Your work may contain this mistake if:
- Assigns 100% loss from age alone.
- Assigns zero loss to current balances.
- Ignores disputes, terms, collateral, history, and forecasts.