Legal Question in Consumer Law in Illinois

Late Fee

Is there a law on how much one can charge for a late fee on a video rental? I rented a DVD from my local library which they charge $1.00 to checkout for 3 days. The late fee for that same DVD is $2.00 per day. How can the late fee be more than the rental price?


Asked on 10/17/03, 1:01 am

1 Answer from Attorneys
Mary McDonagh McDonagh-Faherty Law Offices

Re: Late Fee

Easy, they pre-warned you and you didn't get it back on time. You keeping that DVD is costing them money. A penalty is in order!

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Answered on 10/20/03, 5:59 pm


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