L2G*DJA COURT E COMMRC 206 205 CREDIT

The charge is for a late payment on a credit card account. When a credit card bill is not paid in full by the due date, the card issuer will typically assess a late fee. This fee is generally a percentage of the outstanding balance, and it is designed to cover the costs associated with processing late payments. In most cases, the minimum late fee is around $25. If you have ever been charged a late fee, you may have noticed that it can vary depending on your credit card issuer. That's because there are no set rules for how much companies can charge for late payments. However, most issuers will follow industry standards and charge around $30 for a first-time offense and $40 for subsequent offenses. If you are concerned about being charged a late fee, you can always contact your credit card issuer and ask about their policy.