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Can a credit card company charge a late fee if they don't post the payment until the next billing cycle even though they received it in time?
Wiki User
∙ 8y ago
They can and do. There will be something in that tiny, tiny printing on your agreement that let's them get away with it. Sorry.
Wiki User
∙ 8y ago
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Can mortgage company charge late fees if payment is received by grace period?
A mortgage company usually has a set date that mortgages are due, i.e. the first of the month. Anytime payment is not received by the first it is considered late. However, most MC's have a grace period of 15 days; if it's not received in this time frame a late charge is assessed. If you mail the check on the 6th and it doesn't get to the company until the 17th you will be charged a late fee. The mortgage company must receive the payment before the grace period expires. So in essence NO they can't charge you if they receive the payment by closing time of the last day of the grace period. They CAN charge you if you make the payment after business hours, because it is not considered received until the next day, there is no one to process your payment if the business is closed.
Can a finance company charge off on an auto loan if a payment was recently made?
"charge off" is an accounting term that has nothing to do with collection or amount owed or anything like that. They can repo a car if a payment was recently made as long as you are behind.
What are some types of fees that the credit card company might charge?
Common ones are - monthly interest, and late payment fees.
How do you figure finance charge for a loan?
* Interest (Finance Charge) is charged on every loans and credit card accounts that are not paid in full by the payment due date The Finance Charge formula is:Average Daily Balance x Annual Percentage Rate (APR) x Number of Days in Billing Cycle ÷ 365 * To determine your Average Daily Balance:
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When is payment for IBA travel charge card billing statement due?
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When is payment for your IBA travel charge card billing statement due?
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A contractual adjustment is made by the billing department in a hospital in order to charge a patient's insurance company. The result is that the patient is not responsible for payment.
Can mortgage company charge late fees if payment is received by grace period?
A mortgage company usually has a set date that mortgages are due, i.e. the first of the month. Anytime payment is not received by the first it is considered late. However, most MC's have a grace period of 15 days; if it's not received in this time frame a late charge is assessed. If you mail the check on the 6th and it doesn't get to the company until the 17th you will be charged a late fee. The mortgage company must receive the payment before the grace period expires. So in essence NO they can't charge you if they receive the payment by closing time of the last day of the grace period. They CAN charge you if you make the payment after business hours, because it is not considered received until the next day, there is no one to process your payment if the business is closed.
Auto insurance is 197.6 if his drive rating factor is 3.7 how much is his yearly premium?
This is not something that can be determined with the information you have given here. Different insurance companies have various billing charges or methods of determining how it breaks down premiums. Many companies divide coverage evenly into twelve equal payments without a billing charge if the premium is drafted out of their checking account on a monthly basis. If their premium is billed to them and then they mail a check to the company they may have a billing charge of about 6 dollars per payment. The amount of the billing charge will vary depending on the insurance company and the states where your are dealing.
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what you do is when you press buy, then billing info, but under billing info when it says unit of payment or whatever, you click none and it will be charged to ur gift card, took me a while to find this our too ;)
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Yes they are. Ordered from the site and never received my order. I tried several emails which were never responded to, they were quick to charge me for it though. Trying to talk to the billing company to get my money back and file a complaint... you're better off avoiding this place!
What is the definition of the term 'charge off'?
The term "charge off" is used when a company or creditor clears a persons account due to lack of payment at loss to the company. No further charges can be applied to the account.
Can an Auto Ins Company Charge a late fee without your knowledge and only find out when you are 4 days late on a payment?
i am late on payment for auto insurance what can i do.
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What are the rules for credit card payment at Home Depot?
The rules for credit card payment at Home Depot is their monthly payment has to be received by the due date specified on their credit card statement or they could receive a late charge.
