What happens if I miss a payment?

Asked a year ago
If you miss a payment with Kubota Credit Corporation, it is essential to inform them immediately. Failure to make a payment on time may result in late fees or penalties. Kubota Credit Corporation may also report the missed payment to credit bureaus, which could negatively impact your credit score. To avoid further consequences, it is recommended to promptly communicate with Kubota Credit Corporation to discuss options such as setting up a payment plan or deferring the missed payment. They may be willing to work with you to find a solution that suits your circumstances. However, it is important to acknowledge that multiple missed payments can lead to more severe actions, including repossession of equipment or legal actions to recover outstanding payments.
Jeff Whelpley is the editor / author responsible for this content.
Answered May 3, 2024

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