Late Charges

If my due date is different than the 1st of the month, when would a late charge be assessed?
Late fees are assessed according to the terms of your note. Please refer to your loan documents to determine how many days you have between your due date and the late charge assessment date.

If my contract has a 15-day “grace” period, when would a late charge be assessed?
Late charges are assessed at the end of the day the 16th day after your due date. For example: If your payment is due on the 1st of the month, a late fee will be charged as of the end of the day on the 16th.

How much time should I allow for my payment to reach First National Acceptance Company?
It is a good idea to allow seven to ten days for receipt of payment, particularly during holidays when mail volumes are heavy. If you don’t feel your payment will reach our office in time, please call (800)642-4578 to ask about other more immediate payment options. To avoid a late payment, First National offers an Automatic Payment option where your payment is paid from the bank account of your choice. Contact our Customer Service department for more information.