all it mentions about the late charge is that it would be assessed according to the state law where the customer lives. i just thought this was odd. every new car i have ever purchased allowed a 10 day grace period, and i always thought it was a legal requirement. thanks for any info. ed
Tuesday, January 3, 2012
chase auto finance grace period
World Top Stories News - chase auto finance grace period : does anybody know if there is a grace period required by law when paying on a vehicle loan? i was looking over the contract for the car i just financed and noticed that it specified no grace period, but neglected to mention what the late charges would be or when they would be charged. it's very vague.
all it mentions about the late charge is that it would be assessed according to the state law where the customer lives. i just thought this was odd. every new car i have ever purchased allowed a 10 day grace period, and i always thought it was a legal requirement. thanks for any info. ed
all it mentions about the late charge is that it would be assessed according to the state law where the customer lives. i just thought this was odd. every new car i have ever purchased allowed a 10 day grace period, and i always thought it was a legal requirement. thanks for any info. ed
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