Why did I get a late fee?

To keep your PadSplit experience smooth and cost-effective, it's crucial to maintain a $0 balance by the end of your Dues Day. 

Late Fee Policy

• A $25* late fee applies if you carry a balance after 11:59 PM EST on your Dues Day
  • Example: For a Friday Dues Day, you're billed Wednesday. Full payment of your entire balance is due by 11:59 PM EST Friday to avoid a late fee.

Tips for avoiding late fees

• Prioritize housing over other expenditures by paying your PadSplit bill before making other purchases
• Turn on autopay
• Pay when you are billed in advance of your Dues Day

Make Your Housing a Top Priority

Your PadSplit home is more than just a place to live—it's the foundation for your success and stability. 

Here's why keeping your payments on track is crucial:

• Avoid Costly Late Fees: Paying on time helps you avoid additional charges that can add up quickly
• Protect Your Credit: Timely payments can positively impact your credit score, opening doors to better financial opportunities
• Maintain Peace of Mind: Staying current on your housing costs means one less thing to worry about, allowing you to focus on your goals

Remember, every on-time payment is a step towards financial stability. It might mean making some short-term choices, but the long-term benefits to your wallet and wellbeing are worth it!

For more information on your billing schedule, see When are my Membership payments due? 

*To comply with local regulations, the late fee may be less than $25 in some jurisdictions.