If you miss a loan payment, your account will become frozen and we will alert you. We honor a 7-day grace period to make the payments to bring your account back to current and to avoid impacting your credit score.
If you don't make the payment within that grace period you will incur the following penalties:
If your payment is returned due to insufficient funds, there is a $10 fee.
If you become delinquent, you will see a delinquent message in your app, and we encourage you to reach out to us to us to make a payment before it impacts your credit or your savings.