What is the impact if I am late on an RV/Loan payment?
We always suggest you make your payments on time as your credit rating is at risk. Most RV/Boat Lending Providers do have firm policies about being late and the impact associated. While these policies vary by RV/Boat Loan providers, we find that most will provide a 1–day grace period. After the 10-days, you are subject to a late fee and your credit becomes at risk.