Simple Interpretation of Continuity Tester Readings. Below are photos of both a simple lightbulb and battery continuity tester, and a standard DMM set to its resistance (Ohms) range, showing various conditions one is most likely to find when testing D.C. continuity of a circuit.
Definition of payment due date: The date when payment should be received by the company.
Late Payment Definition. You might miss your mortgage payment due date without receiving a late payment on your credit record or affecting your eligibility for a refinance. For example, most lenders report to the credit reporting agencies once your payment is 30 days late or more. If your payment due date is the first day of each month, the lender will report you if it doesn't receive payment by the first of the following month. You can make a payment before the lender's grace period expires -- usually 15 days from the due date -- without a late payment fee or impact to your credit.