Common use of LATE FEES AND OTHER CHARGES Clause in Contracts

LATE FEES AND OTHER CHARGES. Your payment is late if we do not receive it within 10 days after the due date on your monthly statement. We will charge and you agree to pay $25 when a payment is late, but the late fee will not exceed the full amount of the Minimum Payment that is late. We will charge and you agree to pay a Returned Item Fee of $25 whenever an item presented for payment is dishonored, for any reason, but the Returned Payment fee will not exceed the amount of the Minimum Payment due immediately before the date on which the dishonored item is returned to us. We won’t charge more than a single late payment or Returned Payment fee based on the same event. In addition, the following charges will be imposed as applicable: Card Replacement - $5.00; copy of Sales or Cash Advance Slip Or Periodic Statement - $3.00 for each copy. We will not charge fees for copies of documents requested for a billing dispute. These fees will be added to your Account balance as a purchase.