Schedule of Fees
Effective September 26, 2024
Payments to NAFCO can be made without a convenience fee by check or money order mailed to our offices at: 3449 E. Copper Point Dr. Ste 275 - Meridian, ID 83642 or by cash, check, or money order presented to a NAFCO Payment Collection Center*. Payment fees are charged for transactions associated with the items listed below.
Late Payment | 5% of amount due after 10 days (Idaho $15.00 minimum) |
Processing Fee |
- Debit or ACH payments made by contacting NAFCO office personnel by phone will be charged a $6.99 processing fee. - Recurring Automatic Payments scheduled by on-line users will be charged $4.99 for the first payment and waived for concurring payments. - One-time payments made on-line, by text or pay-by-phone will be charged a procesing fee of $4.99. - ACH (e-check) via Customer Portal will be charged a $4.99 processing fee - PayPal, Cash App, & Venmo will be charged 3% of the transaction |
Returned Payment | $20 per returned ACH item |
CPI Placement Fee | $25 per placement |
Contract Modification Agreement (CMA)
CMA fees are charged for the production, review, updating of the loan servicing software, and recording of a written document modifying the terms of an existing loan. CMA requests are subject to acceptance by NAFCO. CMA's for Clients with CPI Escrow payments add $15 to CMA fees.
Due Date Change Request | $27 per change request after 1st request (1st one is free) |
Service Repair Advance | $67 per advance (Manager Approval Required) |
Request Reamortization | $67 per re-amortization (Manager Approval Required) |
All other CMA's | $67 per CMA |
Repossession Redemption | $250 to redeem a repossessed vehicle. (Manager Approval Required) |
Collateral Protection Insurance (CPI) | Charged each day where physical damage insurance coverage cannot be confirmed at the rate of approximately $91 monthly, payable in advance (collected with next payment due date prorated to actual days ). Accounts with CPI that are past due beyond 15 days are subject to immediate disablement pending payment to bring account current. Unearned CPI premiums collected shall be credited to account upon confirmation of physical damage insurance coverage by an accepted insurance carrier as of the day of effective coverage. |
Title Modifications | $45.00 for all titles required to be surrendered for changes requested by Debtor. |
Statement of Statisfaction of Debt | $27 for production of a Satisfaction of Debt Statement. |
* NAFCO Payment Collection Center is located at our main office at 3449 E. Copper Point Dr. Ste 275 Meridian, Idaho 83642.
We are open during regular business hours M-F 8:00am to 5:00pm. Exact cash required as change is not available.
Questions concerning this schedule can be directed to info@nafcofinance.com or by calling 208-297-7953