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What is past due interest?

It is the cost of not paying your lease payment on time. You are charged "past due" interest for payment not received on or before the payment due date.


Why have I had money withdrawn from my account prior to the commencement date of my lease?
How are service and repairs on the leased equipment handled? Must I make payments monthly?
Must I make payments monthly?
What is past due interest?
How do you calculate past due interest?
Why have my payments increased?
What is an invoice fee?
What taxes am I being charged?
I have received a statement, when was the invoice sent?
How can I make my lease payments?
I have sent the buyout and the lease has been terminated. Will pre authorized payments stop for this lease?
When are invoices sent?

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