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What is ascending fee?
User Post
10:50 am October 27, 2008
Ramon
Guest
I'm trying to set up my online rent pay and have a question regarding ascending fee. What is ascending fee?
10:52 am October 27, 2008
Troy
Moderator
posts 49
Ramon, and ascending late fee is an additional per day late fee charged on top of a late fee. Example: rent is late after the 5th, there is a $50 late fee. Every day after the 6th there is an additional $15 late fee per day.
I hope this helps.
Thanks,
Troy
Reply to Topic: What is ascending fee?
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