Fee

Amount

Frequency

Description

Late Payment Fee

$15 or 5% of past due amount (greater of)

Per occurrence

If a borrower fails to pay us the full amount of any monthly payment within 10 calendar days of its due date we may charge a late fee in an amount equal to $15 or 5% of past due amount (greater of).

ACH Return or

Check Refund Fee

$15

Per occurrence

We will charge this fee if bank transfers (ACH) or checks are returned or fail due to insufficient funds in your account or for any other reason. Each attempt to collect a payment is considered a separate transaction, so an unsuccessful payment fee will be assessed for each failed attempt. The bank that holds your designated account may assess its own fee in addition to the fee we assess.