Definition: Uncleared balance

EU-SILC

The household has not paid in full at the "end of the month" the amount spent or owed with credit/store cards for at least the last three months because of financial difficulties.
Source:
European Union, Commission Regulation (EC) No 215/2007 of 28 February 2007 on implementing Regulation (EC) No 1177/2003 of the European Parliament and of the Council concerning Community statistics on income and living conditions (EU-SILC) as regards the list of target secondary variables relating to over-indebtedness and financial exclusion.
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