Your monthly payment is due on the 1st of the month and considered late if not paid by the 2nd of the month. Because we know that unexpected situations can arise, we provide a grace period until the 10th of each month. If your payment has not been made by the 5th, you will be charged a $25 late fee. If it still has not been paid by the 11th, you will be charged a $50 late fee.