Are there penalties for late payments?
Most contracts include a penalty of 0.1% per day of delay, capped at 10% of the installment. A delay of more than 30 days can lead to termination with partial refund.
Most contracts include a penalty of 0.1% per day of delay, capped at 10% of the installment. A delay of more than 30 days can lead to termination with partial refund.