How is the late payment fee calculated?

The late fee is assessed daily and it is posted at the end of the month. Any balances not paid may be assessed a late fee of one and one-half (1.5%) percent per month (minimum $5.00).

Example #1: $5,000 balance, paid a week late (7 days) = $17.26
Example #2: $5,000 balance, paid one month late (30 days) = $73.97
Example #3. $5,000 balance, paid two months late (60 days) = $147.95

For more detailed information and to avoid late fees, you can visit the Payment Policy FAQ.