Your extended loan payment becomes immediately due and demandable when the 60-day Grace Period ends. If you have provided us with postdated checks or signed up for auto-debit or auto-deduct arrangement, we will proceed with payment the new scheduled date after the Grace Period. Any unpaid amount will start to accrue additional interest and/or late fees after the Grace Period expires, per your signed loan contract.
What happens to my loan payments when the 60-day Grace Period runs out?
