Making timely payments helps you maintain a good credit history and avoids additional fees.
Late Payment Fee: If your payment is late (more than 15 days past the due date), a fee of $5 or 4% (whichever is less) of the monthly amount due is charged. If you anticipate difficulties, contact MPOWER to explore payment options.
Returned Payment Fee: If your payment is returned for any reason, a $5 fee will be charged. Your bank or the payment processing vendor may charge additional fees.
Tips: Set up autopay to ensure on-time payments and benefit from a 0.25% discount on the interest rate!
