Late Fee
Categories: Banking, Regulations
When you're late paying your credit card bill or another debt payment, you will be charged an extra amount by the bank or lender. The idea is to make late payments painful so you pay on time.

We have changed our privacy policy. In addition, we use cookies on our website for various purposes. By continuing on our website, you consent to our use of cookies. You can learn about our practices by reading our privacy policy.
When you're late paying your credit card bill or another debt payment, you will be charged an extra amount by the bank or lender. The idea is to make late payments painful so you pay on time.