Thursday, February 12, 2015

What are late fee allowances?

This number, which ranges from 0 to 6, is similar to our old "K" program. The number represents the number of times a customer has consecutively paid the bill in full by the net due date. When a customers pays on time six times in a row, the late fee allowance will equal 6. Then the customer is able to pay the bill late without getting charged a late fee.

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