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Can unpaid late fees be reported on credit report even after loan is paid off?
They are allowed to add late fees to balance-meaning if they are unpaid it's not paid off. And even when everything is paid off, the credit report will reflect that a loan and late fee charges were reported, paid, and then updated to show a zero balance. This information will stay on your credit report for seven years.
Can a late fee be charged because another late fee was not paid?
Yes, a late fee can be charged on any outstanding debt. It doesn't matter where the debt came from, late fees and interest charges can continue to accumulate.
What are additional charges paid to the bank called?
Banks usually call these charges "fees".
How much fees does nigeria defence academy kaduna charges per simester?
The charges are paid by the federal government
Are late fees paid by a tenant considered income?
jfc
What is the differences between charges and expenses?
The differences between charges and expenses is actually quite insignificant. Charges are fees and expenses are actual bills that must be paid.
Are late fees removed from the balance when paid with a regular payment?
Yes, for most loans. For most loans, the late fee is added to the minimum payment required (and the balance at the time of incurring the late fee) and will be deducted from the balance once the payment is received.
Is it legal for the finance company to repossess your car for late fees even though the loan is paid in full?
Yes, the loan is not paid in full if there are unpaid lates fees
What happens when car loan is paid off but late charges are due?
THEN THE LOAN IS NOT PAID OFF! All late charges, penalties are added to the principle amount and then the payments continue until all owed monies are paid. Penalties and repossession are still done at this point in the process
What should i charge as a late fee to clients who have not paid their monthly personal training dues?
you may like to give a warning first time around and then charge a steady fine every time after. my gym charges $5 for people who ave not paid their monthly fees on time
Where can one pay Mutual Fund Fees?
Mutual Fund fees and expenses are charges which may be incurred by investors who hold mutual funds. The fees are usually paid direct to the company in which one invests.
Can you apply late charges to an owner that has not paid his condominium violation fine in FLorida?
Read your governing documents to determine whether or not late charges are applicable to the account where the fine has been posted.
