My first car loan payment was due on Thursday, even though I just received my paycheck on Friday. I paid the bill online, but according to my bank’s website, it won’t post until Monday.
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Does Wells Fargo auto offer a grace period?
A grace period of seven to fifteen days is provided by the Wells Fargo late payment policy.
Does Wells Fargo have a 10 day grace period?
The grace period for Wells Fargo credit cards lasts at least 25 days from the end of the billing cycle until the due date for payments. This means that from the time their monthly statement closes until the due date, cardholders have at least 25 days to pay their credit card bill.
How long is your grace period on car payment?
The majority of auto loans have a 10-day grace period for payments, which means you can make a payment within that time frame without it being considered past due.
What happens if Im 4 days late on my car payment?
If your payment is received after the grace period has passed, you might be assessed a late fee. Usually, auto lenders wait 30 days after your payment due date before notifying the credit bureaus that the payment was received late.