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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.

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10y ago

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Can a company charge you before shipping a product?

Yes, a company can charge you before shipping a product. This is a common practice to ensure payment is received before the product is sent out for delivery.


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:

Related Questions

When is payment for your IBA travel charge card billing statement due?

Payment for your IBA travel charge card billing statement is due by the date indicated on the billing statement.


When is payment for IBA travel charge card billing statement due?

Payment for your IBA travel charge card billing statement is due by the date indicated on the billing statement.


What is contractual adjustment?

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 a company charge you before shipping a product?

Yes, a company can charge you before shipping a product. This is a common practice to ensure payment is received before the product is sent out for delivery.


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.


How does itunes charge your gift card?

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 ;)


What are the ten steps in the billing and reimbursement cycle?

Pre-registration Registration Eligibility verification Charge capture Claims submission Claim adjudication Payment posting Denials management Accounts receivable follow-up Patient billing and collections


How much should I charge for medical billing?

I should charge 5%


Is medivap a scam?

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.


What does pending billing mean in the terms of ordering something on line and the website saying that?

Pending billing means that the payment for your online order has not yet been finalized or processed. This status typically indicates that the transaction is in progress, and the funds may be held temporarily until the order is confirmed or shipped. It can occur due to various reasons, such as payment authorization or verification processes. Once the billing is complete, you should receive a confirmation of your order and the charge will be finalized.