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What is the grace period?

The grace period is a set time after the initial asset due date during which payment may be made without penalty. A grace period is intended to cover possible payments delays caused by bank-to-bank payments, national holidays, specific policies of the loan originator and minor lateness by the borrower.

The most common length of the grace period for a loan on Debitum Network is 15 days, however, you can always review it in the details page of the asset.

Debitum Network investors receive interest for every day of the grace period. Therefore, your earnings are not affected.

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