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Help support Wordnik (and make this page ad-free) by adopting the word late-fee.
Examples
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Meanwhile, a study by the Office of the Comptroller of the Currency found that late-fee payments were slashed in half after the law took effect, down to $427 million in November.
New reports show changes to credit cards after landmark law 2011
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That means that, instead of having a late-fee balance that you can pay at a later time, they just automatically charge your card right away.
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The goal, say analysts: to maximize late-fee income.
Don Jessica Silver-Greenberg 2010
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Indeed, Yingling has consistently defended the banking industry's most egregious practices -- such as retroactive rate increases, late-fee generators and crushing overdraft fees -- by making spurious arguments, including that they're ultimately in consumers 'best interests.
Ed Yingling: Banking Industry's Top Defender Got It Wrong Over and Over Again 2009
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"The days of any-time, any-reason rate hikes and late-fee traps have to end," President Obama said after his meeting with credit card executives.
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He also outlined four key principles and goals: an end to "anytime, any-reason rate boosts and late-fee traps"; plain-language statements without fine print and "no more confusing terms and conditions"; the availability of comparison shopping for cards and the option of a "plain-vanilla, easy-to-understand, simplest-terms-possible credit card" as a default option; and more effective oversight and enforcement against issuers that violate the law.
White House Seeks Relief for Consumers on Credit-Card Rules 2009
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Earnings before taxes at Target's credit operations fell 9.6%, with revenue jumping 20% amid double-digit growth in finance-charge, late-fee and third-party-merchant fee revenue.
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Try to get a card from a company that offers late-fee leniency or run to the post office as soon as you get your bill.
Stupid Card Tricks 2008
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The lawyers pocketed $9.25 million - and Blockbuster was allowed to continue the late-fee practices that triggered the lawsuit.
Medpundit 2003
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The lawyers pocketed $9.25 million - and Blockbuster was allowed to continue the late-fee practices that triggered the lawsuit.
Archive 2003-05-01 2003
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