What is grace period for auto loan in Massachusetts?

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2026-02-26 06:40

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In Massachusetts, the grace period for auto loans typically allows borrowers a short period, usually around 10 to 15 days, to make their payment without incurring late fees. However, specific terms can vary by lender, so it's essential to review your loan agreement for details. If a payment is missed beyond the grace period, it may negatively impact your credit score and result in additional fees. Always check with your lender for the exact terms applicable to your loan.

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