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Can I pay my auto loan on Friday if it's due on Sunday to avoid a late fee?
"I get paid on Friday. I believe that if I get the payment in by Friday afternoon, it should go through the same day.
If it doesn't, will my payment be considered late?"
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“Most lenders have a five- to 10-day grace period for payments. After that, they’ll charge you a late fee.
Even if your payment doesn’t get processed until Monday, you should be fine. Don’t stress.”
View full answer
- Gregory R.
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