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The stability and convergence of a linearly extrapolated second order backward difference (BDF2-LE) time-stepping scheme for solving viscoelastic fluid flow in $\mathbb{R}^{d}$ , $d=2,3$ , are presented in this paper. The time discretization is based on the implicit scheme for the linear term and the two-step linearly extrapolated scheme for the nonlinear term. Mixed finite element (MFE) method is applied for the spatial discretization. The approximations of stress tensor σ, velocity vector u and pressure p are $P_{m}$ -discontinuous, $P_{k}$ -continuous and $P_{q}$ -continuous elements, respectively. Upwinding needed for convection of σ is made by a discontinuous Galerkin (DG) FE method. For the time step △ t small enough, the existence of an approximate solution is proven. If $m, k \geqslant \frac{d}{2}$ , $q+1\geqslant\frac{d}{2}$ , and $\triangle t \leqslant C_{0} h^{\frac{d}{4}}$ , then the discrete $H^{1}$ and $L^{2}$ errors for the velocity and stress, and $L^{2}$ error for the pressure, are bounded by $C(\triangle t^{2}+h^{\min\{m,k,q+1\}})$ , where h denotes the mesh size. The derived theoretical results are supported by numerical tests. [ABSTRACT FROM AUTHOR]