The holder of the retail installment contract may, if the contract or refinancing agreement provides, collect a delinquency and collection charge on each payment made ten or more days after its due date, in an amount not in excess of five percent of each

• Define a delinquency policy, set up fee instructions, and set up notification instructions in the A/R Delinquent Policies program (P03B2501). • Verify that you have selected the Delinquency Notice option on the Accounts Receivable Constants form and

Delinquency & Collection Policy 121 Tierra Del Sol, Hollister, CA 95023 Page 1 Adopted March 2013 We, the Board of Directors for Cielo Vista Homeowners’ Association of Hollister, Inc., hereby resolve to accept the following policy for the collection