§ 8855 Assessment Payment Interest Waiver

• •If you pay the full amount you owe within 30 days, you won't be charged any extra money (interest).
• •This rule is about paying on time to avoid extra costs.
• •It applies to assessments, which are like bills you have to pay.

You get a bill for $100 for a service, and you pay the full $100 within 30 days.

Since you paid the full amount on time, you don't have to pay any extra money (interest).