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?"

Answer provided by
Eric Schad
Answered on May 26, 2021
“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.”

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