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According to RentLaw, most courts say a reasonable fee for landlords to charge is up to 5 of the rent. So for a 600 rent payment, the fee would be 30. In addition, some states say landlords cant charge a fee at all until the rent is 5 to 10 days late. Car Payments. Theres a similar rule for car loans.
According to CarsDirect, most banks dont charge late fees on car payments until theyre 10 days overdue. The Center fnb cash loans online Responsible Lending says a typical late fee for a 300 car payment is 15.
However, fees can vary widely, so its important to check your contract.
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