N.J. Admin. Code § 9A:10-6.10
Current through Register Vol. 56, No. 21, November 4, 2024
The Authority may collect a late charge from the borrower if the borrower fails to pay all or part of the required payment of an NJCLASS Loan Program loan within 10 days of the date the payment is due. The late charge may not exceed six percent of each late payment.
N.J. Admin. Code § 9A:10-6.10