Are there late fees if I miss a payment?

Yes. If your payment is more than 10 days late, a late fee will apply equal to the greater of 5% of the past due payment or $15.

If a payment remains outstanding, Milo may liquidate a portion of your pledged crypto at its current market value to cover the missed amount. Only what is needed to bring the account current will be liquidated.

Our mission is to help crypto holders build wealth and enjoy the appreciation of their portfolios, so liquidation is always considered an absolute last resort. We encourage clients to stay current through their bank account to avoid fees and protect their collateral.

Related questions

Is there a prepayment fee?
What are my options when the loan matures?

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1-888-433-6456 (MILO)

545 NW 26th Street, Suite 200
Miami, FL 33127

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Milo Credit, LLC is a direct lender and licensed under NMLS #1811449.
Loans made or arranged pursuant to a California Finance Lenders Law License 60DBO-128284. Not available in all states. Equal Housing Lender. NMLS Consumer Access

EQUAL CREDIT OPPORTUNITY ACT NOTICE: The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, or age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has, in good faith, exercised any right under the Consumer Credit Protection Act. The Federal Agency that administers Milo Credit’s compliance with this law is the Federal Trade Commission, Equal Credit Opportunity, Washington, DC 20580.