We give a 15 day grace period from the payment due date. If you pay within that timeframe, there will be no fee. If your payment arrives after 15 days from the payment due date, we charge a fee of 5% of the payment amount due.

If the payment is over 30 days late, we have to report it to the bureaus as a late payment, which can negatively impact your credit score.

Did this answer your question?