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I am posting here because I am concerned about a new policy being implemented by the new owner of a retail store I work at. As the title says if we are 60 seconds late for our shift or from our breaks our pay is apparently being docked 15 minutes.
Before entering into an auto loan agreement, consider these five facts about car loan defaults. A missed payment is defined as a payment that is more than 30 days late. Most banks give a 10-day grace period on car payments before they even consider them late. Between 10 and 30 days late, your only consequence will likely be a late fee.