collection fee
Debt recovery cost
A collection fee is a charge added to a debt when it's turned over to a collection agency or attorney for recovery.
The fee covers the cost of pursuing payment and is typically passed on to the debtor, increasing the total amount owed: The original $500 bill ballooned to $650 after collection fees.
- debtMoney owed another
- invoiceItemized billing statement
- penaltyPunishment for wrongdoing
- chargeCost or accusation
- overduePast expected arrival
past due · payment plan · agency · third party · credit bureau · credit score · billing · late · late payment · recovery · arrears · creditor · dunning · delinquent · surcharge · garnishment · outstanding · notice
collection feerefund
Money returned after purchase
reimbursement · rebate · payment · credit
collection feefee waiver
Release from required payment
debt forgiveness · credit · write-off · debt relief · forgiveness
collection, fee, collect, collected, collecting, collector, collectors, collections, collective