Payment Fee definition
Examples of Payment Fee in a sentence
If your account is subject to a Late Payment Fee, the fee will be charged to your account when you do not make the required minimum payment by or within the number of days of the statement Payment Due Date set forth on the Disclosure accompanying this Agreement.
If your account is subject to a Returned Payment Fee, the fee will be charged to your account when a payment is returned for any reason.
Returned Payment Fee A fee charged when your payment is returned for insufficient funds.
Late Payment Fee The fee we charge each time your payment is late.
If an automatic payment does not occur for any reason, you still must pay the minimum payment and a Late Payment or Returned Payment Fee may apply.
The first time we do not receive a required minimum payment when due, we may charge a Late Payment Fee of the minimum payment due or $29, whichever is less.
If over the next six Billing Cycles, the minimum payment is not received when due, we may charge a Late Payment Fee of the minimum payment due or $40, whichever is less.
If a payment is 10 days or more past due, you will be charged a Late Payment Fee up to $25.
RETURNED PAYMENT FEE: We will charge you a Returned Payment Fee up to $25 if any payment you send us is returned unpaid for any reason.
In no event will your Late Payment Fee exceed the Minimum Payment Due.