Medi Assist Healthcare IPO

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Credit Cards

Late Payment Fee

Credit card late fees are an important aspect of understanding the cost of borrowing money. It refers to the fee charged to a cardholder when their monthly payment is not received by the due date. This fee can be either a flat per-transaction amount for charge cards or a percentage of the amount due for credit cards. To avoid additional expenses, it is crucial to understand and adhere to credit card payment deadlines.
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