What happens if my payment due date falls on a Holiday? Quick Navigation Support Home Making Loan Payments What happens if my payment due date falls on a Holiday? If your payment due date falls on a Holiday, the payment will be processed the following business day. Was this article helpful? 3 3 Related Questions: How much additional interest will I incur for scheduling a recurring late payment? Because interest is calculated daily, if you schedule a recurring...… What portion of my payment is interest vs. principal? Payments are applied first towards unpaid late fees, then towards...… Are there any prepayment penalties? If you pay off early, you will not have to...…