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What Happens if I Become Delinquent?

Unpaid balances beyond the due date lead to delinquency; a $15 fee is charged after a 15-day grace period.

Tony avatar
Written by Tony
Updated over 3 weeks ago

🟢 What Happens If I Become Delinquent?

If your balance remains unpaid beyond 30 days from the loan origination date, your account becomes delinquent. This status can affect your ability to use Livble in the future. If your balance remains unpaid after a 15-day grace period, a $15 late fee will be charged.


📘 Understanding Delinquency

💲 Late Payments Within the 30-Day Period

  • As a Livble user, you are committing to paying all installments on time.

  • If you anticipate difficulty making a payment, reach out to the Livble team well in advance. We’ll evaluate your situation and see if we can help.

📅 Delinquency After 30 Days

  • An outstanding balance beyond 30 days from the loan origination date results in delinquency.

  • If your balance remains unpaid after a 15-day grace period, Livble will charge a $15 late fee.

  • The $15 late fee applies regardless of the remaining balance amount.

  • Delinquent accounts are typically ineligible for future rent splits.

🗣️ Communication Is Key

  • If you’re approaching delinquency, contact Livble Support immediately.

  • Early communication may help in exploring potential solutions.

  • Restoring access to Livble’s services may not be possible after delinquency.


✅ Best Practices

  • Monitor your payment schedule to ensure timely payments.

  • Reach out to Livble Support proactively if you anticipate payment issues.

  • Understand that maintaining a good payment history is crucial for continued access to Livble’s services.

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