DEFINITION
NSF means a payment was returned because the account did not have enough money to cover it.
Frequent NSFs on bank statements are a common reason for loan denials. Keep a buffer balance in the months before applying.
GLOSSARY
NSF means a payment was returned because the account did not have enough money to cover it.
Frequent NSFs on bank statements are a common reason for loan denials. Keep a buffer balance in the months before applying.