The average fee for a two-week, 375 payday loan is 56. By contrast, heres how other late fees stack up: Credit Cards. Rules passed by the Federal Reserve Board in 2010 set limits on late payments for credit card bills. The most the bank can charge you is 27 for a first offense, or 37 if personal loan closure application been late before.
Mortgage Payments. If youre late paying your mortgage, most lenders charge you 4 to 5 of the payment as a late fee, according to Nolo.
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