They will if it’s more than 45 days late, when that starts is usually going to be ‘from tax day’, that can vary, but it’s usually for reasons that would typically be your fault (filed late, etc). They even use the same rates they would charge you if you were late to pay them. This has never happened to me, but I’m told that the interest accrual is automatic, supposedly don’t even have to ask.
This isn’t really insane though is it?
If they can charge you money for being late with a payment why shouldn’t you be able to do the same?
Why do Doctors and such get to cancel appointments whenever with no consequences, but if you don’t give sufficent notice, you get charged?
Although I guess wanting fairness/equality in this world is insane now that I think about it.
They will if it’s more than 45 days late, when that starts is usually going to be ‘from tax day’, that can vary, but it’s usually for reasons that would typically be your fault (filed late, etc). They even use the same rates they would charge you if you were late to pay them. This has never happened to me, but I’m told that the interest accrual is automatic, supposedly don’t even have to ask.