Missed a Payment? How to Get Back on Track Quickly

1. Grace Period: 3 Days

We provide a 3-day grace period for missed payments. During this time, no late fees apply, and you can still make your payment without penalty.

2. Late Payment Fees

After the grace period, a 1% late fee is applied every 7 days until the payment is made.

• Example: If your balance is $5,000, a $50 late fee will be added every 7 days.

3. After 30 Days of Non-Payment

If payment remains unpaid for 30 days, legal proceedings will be initiated. This may include:

• Debt collection services
• Legal action
• Additional costs and fees

4. How to Avoid Late Fees

To prevent missed payments and late fees, consider:

• Setting up automatic payments
• Contacting us in advance if you anticipate payment issues
• Paying early to avoid accumulating fees