Current Events > Late Fees should be illegal

(+) Yeah! (+)

They are designed to punish the misfortunate.
Let's be real, they aren't deterring people from not paying. Those people won't pay the late fee either.

I take it you weren't kind and didn't rewind a vhs tape.

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For what?

Why exactly should rentals not punish you for not returning an item after the period you paid for is passed? That is technically theft.

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Johnny_Nutcase posted...

I take it you weren't kind and didn't rewind a vhs tape.

Late fee at rentals and rewind fees actually make sense. But they shouldn't call it late fee but extra rental and charge same price. Labor for rewind should be actual.

If a person had loved one die and paid at&t bill one day late, charginh them $10 is just greed.

It's called responsibility. If you're not responsible enough to fulfill the terms of the agreement that you agreed to, then you shouldn't have engaged in the first place.

Spooking posted...

Gotta pay interest if you are choosing to be irresponsible.

Companies are irresponsible all the time.
If my internet cuts out due to at&t being irresponsible, where is my fee?

My issue with late fees is that it is just double charging you.

Not paying on time already has the repercussion of more interest. Why add a fee on top of it?

Though TC seems to be talking about recurring utility bills? Not loans?

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darkphoenix181 posted...

Companies are irresponsible all the time.
If my internet cuts out due to at&t being irresponsible, where is my fee?

No...lol...

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HiddenRoar posted...

It's called responsibility. If you're not responsible enough to fulfill the terms of the agreement that you agreed to, then you shouldn't have engaged in the first place.

Only customers are expected such responsibilities.
If giant corp is late, they will refuse to pay a fee.

cuttin_in_farm posted...

My issue with late fees is that it is just double charging you.

Not paying on time already has the repercussion of more interest. Why add a fee on top of it?

Though TC seems to be talking about recurring utility bills? Not loans?

Pure greed only

You paid for X amount of time. Go over that X amount of time, you need to pay more. End of story.

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Null_Mime posted...

You paid for X amount of time. Go over that X amount of time, you need to pay more. End of story.

With an internet bill, you didn't go over anytime. Even if they didn't start your next bill cycle somehow, they would just shut it off.

I hated making 'late fee reminder courtesy calls' when I worked at Blockbuster.

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Btw claiming late fees only effect the irresponsible shows you bought into the hyper-capitalism worship train propaganda. Things happen to people all the time.

And psuedo monopolies mean the market won't correct the greed of these companies as they have no real competition.

If you're going to be an asshole, then you have to pay a fee. If you're having money troubles, then you can be a responsible person and actually contact anyone you owe money to see about what options they might have for deferment.

I think you should storm the headquarters of whatever company wronged you TC while blaring your theme song.

https://m.youtube.com/watch?v=CQ0ftoiIQxU

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Kajagogo posted...

I hated making 'late fee reminder courtesy calls' when I worked at Blockbuster.

When I worked there, I had a woman scream at me that what we were doing was against the constitution. That was in response to me asking for a credit card while opening a new account for her.

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Gamerguymass posted...

I think you should storm the headquarters of whatever company wronged you TC while blaring your theme song.

https://m.youtube.com/watch?v=CQ0ftoiIQxU

Assuming I have been wronged to hold an opinion regarding fairness of people going through things is such CElogic.
Learn compassion,

Blockbuster eventually got it right

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foreverzero212 posted...

Blockbuster eventually got it right

The irony of this thread is people using Blockbuster to try and poke holes in my proposal. Yet Blockbuster went out of business.

Since you guys like late fees so much, colleges should start charging students fees for showing up late to class.

Same at work. Show up a minute late and they take 5% out of your next paycheck.

Be responsible.

Those are pretty bad examples. If you work less, you get paid less. If you're late, you face potential repercussions. If you don't show up to class, you aren't getting the service you paid for, so you're the one losing out.

I read an article that late fees at libraries actually resulted in the books simply never being returned, and they lost a customer because that person wasn't allowed to check out books anymore.
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lilORANG posted...

I read an article that late fees at libraries actually resulted in the books simply never being returned, and they lost a customer because that person wasn't allowed to check out books anymore.

Customer? Library is free. That is why they likely never returned the book.

Remember when blockbuster charged you because you were like 5 minutes late returning that game.

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nemu posted...

you work less, you get paid less.

Only if you are hourly. Most corporate work you get paid the same even if you call your boss and say you will be late for a reason. If your boss is a good boss, they won't even care. As long as you do your work, it is meaningless.
Take no_u_l7 for example, he been binging netflix

Salary comes with a tradeoff that you might also need to work more than you're being paid. Though that's a job by job thing. Some jobs are just really cushy.

If you hate late fees you're gonna love early payoff fees.

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Dem salaried jobs are real nice during a pandemic where you're supposed to "work" from home but have nothing to do so you get paid to play video games going on 5 months now...
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Hexenherz posted...

Remember when blockbuster charged you because you were like 5 minutes late returning that game.

When I worked there, the cutoff time was noon on the due date, but you could actually return stuff up until 2pm before anything would register as being late. That was because we would need time to actually check in stuff that was returnEd up through noon.

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nemu posted...

Salary comes with a tradeoff that you might also need to work more than you're being paid. Though that's a job by job thing. Some jobs are just really cushy.

And your lateness can be excused if you work late the day before.

But using CE logic they should dock their pay for being late.

I agree that late fees don't make much sense and are just a way to punish people (and profit the company) but at the same time, I'd rather face a $5 late fee on my gas bill than an immediate cut-off for being late.

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If you are paid hourly, work an 8 hour shift and you show up 30 minutes late arent you paid for 7 1/2 hours?


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Yeah, late fees are stupid especially since most places will waive them if you call and ask. This is assuming you're not late most of the time.

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Dont they give you a few weeks from when the bill is posted to pay it off?

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Its called deterring you from "buying" something at 1/4 the price and never returning