diff --git a/app/extensions/brave/locales/en-US/preferences.properties b/app/extensions/brave/locales/en-US/preferences.properties
index 4000779e9b..ecd1091cc9 100644
--- a/app/extensions/brave/locales/en-US/preferences.properties
+++ b/app/extensions/brave/locales/en-US/preferences.properties
@@ -79,7 +79,9 @@ bitcoin=Bitcoin
 bitcoinAdd=Use your existing Bitcoin wallet/account
 bitcoinAddDescription=Use any BTC wallet that can transfer Bitcoin to your Brave wallet.
 bitcoinBuy=Buy Bitcoin
-noPaymentHistory=Your first contribution will be {{reconcileDate}}
+noPaymentHistory=Your first contribution will be {{reconcileDate}}.
+noPaymentDueHistory=Your first contribution is due.
+noPaymentOverDueHistory=Your first contribution is overdue.
 viewPaymentHistory=View Payment History…
 paymentHistoryTitle=Your Payment History
 paymentHistoryFooterText=Your next contribution is {{reconcileDate}}.
@@ -198,7 +200,7 @@ ledgerRecoveryFailedTitle=Recovery Failed
 ledgerRecoveryFailedMessage=Please re-enter keys or try different keys.
 ledgerRecoveryNetworkFailedTitle=Network Error
 ledgerRecoveryNetworkFailedMessage=Please check your internet connection and try again.
-ledgerRecoveryContent=The balance of the recovered wallet will be transferred to your new Brave wallet. The old wallet will still exist as an empty wallet.
+ledgerRecoveryContent=Your previous wallet will now be used. Your new wallet will be discarded.
 ledgerBackupTitle=Backup your Brave wallet
 ledgerBackupContent=Below, you will find the anonymized recovery keys that are required if you ever lose access to this computer.
 minimumPageTimeSetting=Minimum page time before logging a visit
diff --git a/app/renderer/components/preferences/paymentsTab.js b/app/renderer/components/preferences/paymentsTab.js
index d83374197c..5204f57d3c 100644
--- a/app/renderer/components/preferences/paymentsTab.js
+++ b/app/renderer/components/preferences/paymentsTab.js
@@ -126,6 +126,12 @@ class PaymentsTab extends ImmutableComponent {
       return null
     } else if (!walletHasTransactions) {
       buttonText = 'noPaymentHistory'
+      const now = new Date().getTime()
+      const timestamp = this.props.ledgerData.get('reconcileStamp')
+      if (timestamp <= now) {
+        buttonText = (timestamp <= (now - (24 * 60 * 60 * 1000)))
+                       ? 'noPaymentOverDueHistory' : 'noPaymentDueHistory'
+      }
     } else {
       buttonText = 'viewPaymentHistory'
     }