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 sme bank namibia personal loan late payments for credit card bills. The most the bank can charge you is 27 for a first offense, or 37 if youve 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.
And The Motley Fool calculates that for people with incomes up to 50,000, the average mortgage payment is 615 or less.
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