Terre Haute First Financial Complaint - Auto Loan Late Fees When Your Not Late
TERRE HAUTE, INDIANA -- The last 2 months I have made my vehicle payment in the grace period and that's up to the 14th of the month, I made the payment on the 13th of Feb 09 and received a letter telling me I owed late payment fee and showed the payment being posted on Monday. When I questioned the late fees I was told that Saturday did not count because it wasn't a business day. If a back takes your payment on a Saturday they should not be able to charge you.
If you get 10 days grace it maybe should be 10 business days. I think this is another way back screw people with extra charges.