Payment Grace Period

[ammbamt]

Hello,

New to genesis. They just changed the pay frequency at my work and makes it harder to beat time payments for auto pay.

I will do so after the first payment, but I want to know if there is a grace period on your payment? So if payment is due on 2/14, when is it actually considered late? Like my mortgage is 15 days but I see no mention of a grace period in the documents or on statement.

 

[EdP]

Hello,

New to genesis. They just changed the pay frequency at my work and makes it harder to beat time payments for auto pay.

I will do so after the first payment, but I want to know if there is a grace period on your payment? So if payment is due on 2/14, when is it actually considered late? Like my mortgage is 15 days but I see no mention of a grace period in the documents or on statement.

I have no idea. Better solution it to take the money equal to a payment from savings and pay one month earlier and then keep on the same pace.

 

[Jlapaglia]

They may not word it as a grace period, but see when they will charge a late fee and then just do a day or two before that.