Most accounts are NOT charged a monthly fee. However, there are exceptions depending on your account type, length of payment term or other factors. If a fee will be assessed, you will be advised of this fee in the course of reviewing your payment proposal. For example, you MAY be charged a monthly account maintenance fee of $10. This fee will be reduced to $5 per month if you authorize us to communicate with you via email and through our website. In the event you are charged this fee, once you have made 6 (six) consecutive payments on time, we will waive the monthly maintenance fee as long as payments continue to be made on time. If a late payment is made, you will be charged the monthly maintenance fee for that month, but not for subsequent months under this same arrangement. Instead of that example, you may be charged a ONE-TIME fee (that would be deducted from your payments so you don't have to make an extra payment). IF a fee is charged, whether one-time, monthly, or monthly for a term, it will NOT be an unreasonable fee and UNDER THE LAW, we are limited to fees that can be assessed based on many factors. This is why, MOST accounts do not have any additional fees added. *
By authorizing us to communicate electronically, we will email correspondence to you instead of mailing it. There may be some notifications that have to be mailed. This does not affect your reduced fee, if a fee applies to your account. You can return to paper (mailed) communications at any time, subject to the higher monthly maintenance fee.