You are entitled to request deferment of your loan as specified in your promissory note. These requests must be made in writing. These are conducted individually by the Business Office. Filing a mail forwarding order with the Post Office does not fulfill your obligation under this clause. You must submit properly and fully completed certified forms for requesting deferment on a timely basis.
Payments are due on the first of every month.
You should allow ample time for the payment to reach our office. We recommend you send payment by the 25th of the month so it has reached our office by the 1st. You must contact NNU before the due date of any payment that you are unable to make. This enables our office to assist you in determining possible payment alternatives, if necessary. The borrower will pay all reasonable collection costs necessary for the collection of any amount not paid when due.