Fee

Amount

Frequency

Description

Late Payment Fee

Greater of $15 or 5% of the past due amount

Per occurrence

If a borrower fails to pay us the full amount of any monthly payment within 10 calendar days of its due date we may charge a late fee in an amount equal to the greater of $15 or 5% of the past due amount.

Check Refund Fee

$10

Per occurrence

We will charge this fee if checks are returned or fail due to insufficient funds in your account or for any other reason. Each attempt to collect a payment is considered a separate transaction, so an unsuccessful payment fee will be assessed for each failed attempt. The bank that holds your designated account may assess its own fee in addition to the fee we assess.

ACH Return Fee

$15

Per occurrence

We will charge this fee if bank transfers (ACH) fail due to insufficient funds in your account or for any other reason. Each attempt to collect a payment is considered a separate transaction, so an unsuccessful payment fee will be assessed for each failed attempt. The bank that holds your designated account may assess its own fee in addition to the fee we assess.

Paper Copy Fee

$2

Per Statement Copy

If you withdraw your consent to receive Communications electronically, we reserve the right to charge you additional fees for paper copies.