The cheque will be deposited on the scheduled due date. If it bounces, the loan plan will be marked as overdue which will automatically incur late fees of 2% per week plus accrued interest.
What happens when I fail to reschedule?
The cheque will be deposited on the scheduled due date. If it bounces, the loan plan will be marked as overdue which will automatically incur late fees of 2% per week plus accrued interest.