Can you read through the smallprint cause it might explain this part. We had our original mortgage through a financer (Not a bank), and the contract stated that if we didn't pay on time, as well as having to pay the mortgage amount for the month, we also had a $200 dishonour fee issued by them. So you might have something similar in your contract..
Unfortunately some finance/credit companies make their money from non-payers. They have high penalties for late payments, and once you get behind, it is very hard to catch up.





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