Legal Question in Credit and Debt Law in Georgia

Generally, yes. Late is late - 1 day or 100 days.

In what context? For example, landlords may have limitations on late fees. Owing money to a bank implies a credit card or unsecured personal loan of some kind. If that is the case, $25 sounds right; some credit card issuers charge even more.

It does not matter how late you are. If you are late in the payment you are late. Some lenders will give a grace period or if its a one-time deal some may even waive it. It never hurts to ask.

But you forget who these banksters (bank + gangster = bankster). The banksters are in this to make money and one very profitable pool of funds is late fees. Some banks fee their clients to death (Bank of America is one of these criminal banksters who comes to mind). So why are you banking with an entity who treats you like this?

My advice would be to try to get the late charge waived if it was due to exceptional circumstances and if you have not had a prior history and have been a good customer. If the bank is unwilling to do it, then I would start looking around for a credit union or bank that still treats its customers right and move my money and business there.