Will my account get terminated automatically if my payment is late?

Will my account get terminated automatically if my payment is late?

If we are not able to process your credit card on your billing date, our system will put the account on hold temporarily and send up to two notices, each message sent one week apart, to the contact email address that you listed on your account.
The account is reactivated upon receipt of your payment. If we do not receive payment, your account will be closed automatically after a short period of time due to non-payment.