late fee waiver
Overdue charge cancellation
A late fee waiver is the cancellation or forgiveness of a penalty charge that would otherwise be assessed for missing a payment deadline.
Banks, landlords, and utility companies may grant waivers as a courtesy to customers with good payment histories: I called my credit card company and asked for a late fee waiver.
The term appears most often in billing disputes and customer service contexts.
- forgivenessReleasing resentment toward offenders
- overduePast expected arrival
- past dueBeyond payment deadline
- grace periodAllowed delay before consequences
- billing cycleRecurring invoicing timeframe
credit card · library · billing · excuse · request · deadline · mercy · pardon · balance · minimum payment · statement · customer service · dispute · hardship · collection · interest · payment · payment plan
- fee waivers
- waiversliability release, general release, release form, hold harmless, assumption of risk
- debt settlementdebt settlement, settlement offer, settlement agreement, debt negotiation, debt relief
late fee waiverlate fee
Penalty for overdue payment
penalty fee · surcharge · finance charge · interest charge · collection fee
late fee waiverpenalty
Punishment for wrongdoing
surcharge · service charge · administrative fee · processing fee · convenience fee
late, later, latest, lately, lateness, waive, waiver, waivers, waived