Should LATE CHARGES be illegal, isn't it nothing more than EXTORTION?

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Should LATE CHARGES be illegal, isn't it nothing more than EXTORTION?

Anthony Silva

2006-10-08 05:35:00 · 2 answers · asked by Anonymous in Social Science ➔ Other - Social Science

2 answers

So why not pay on time? Isn't late payment an attempt to defraud your creditors of interest?

2006-10-08 05:43:36 · answer #1 · answered by Anonymous · 0⤊ 0⤋

How do you expect people to get their money from dead beats? Some people don't think they need to pay their bills on time (are you one of those?) and that is why late fees are in place.

If you pay your bills on time like a grown up, then you don't have to worry ever about late fees. Simple, right?

2006-10-08 12:43:40 · answer #2 · answered by MadforMAC 7 · 0⤊ 0⤋