late fee
A fee charged when a payment is not received on time. Some common bills which almost always have a late fee policy are credit card payments, mortgage and student loan payments, and car loan payments.
Related Terms on BusinessDictionary
Popular 'Banking' Terms
Related Personal Finance Articles
Loading...
late fee in the news
Loading...
Enter your email address to get our free Term of the Day newsletter!
late fee is ...
... part of the Banking subject.







