Only some days of the Payment Extension are interest-free. First Circle gave its customers an interest-free Payment Extension up to the 1st extension of the ECQ Period, or from 17 March 2020 until 30 April 2020. Loans unpaid after 30 April 2020 will begin to earn interest on 1 May 2020, whether or not these loans are on their first or second extension, as applicable.
Is the Payment Extension interest-free?
