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- noreen - Feb 02 2006 | blockbuster, late fees, deals, movies
Cool...I'll definitely rent movies from blockbuster next time...late fees suck
- mohit - Feb 02 2006 | blockbuster, late fees, movies
I returned a move late and was not charged late fees. Pretty cool. I would think this is affecting Blockbuster's bottom line pretty significantly.
Quoted: On January 1, 2005 Blockbuster introduced[3] their "End of Late Fees" program[4]. Instead of late fees, there is a seven day period after the due date when the item may be returned without charge. After this point, Blockbuster automatically charges the renter for the selling price of the unreturned item (minus the rental fee). Customers may return the item with 30 days to have this charge refunded, less a "restocking fee" of $1.25 (which may be higher in participating franchised stores).
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