We provide a 14-day grace period following your due date. If your payment is 15 days or more past due, you will be charged a late fee equal to 4% of the minimum monthly payment missed.
We’re here to help improve your credit, but if a loan payment is more than 30 days late, you will be reported late to the bureaus, and it may negatively impact your credit score.
If you don’t think you can make your payment within 30 days of your due date, give us a call. We might suggest you close your account and try again when the time is right.