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late fees

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kskinne

Junior Member
What is the name of your state (only U.S. law)? Iowa

Does the State of Iowa have a maximum limit or other rules governing the late fee a telephone company or other business can charge on a past due amount? For example, could they charge, say, $10.00, on a past due balance of $5.00?

Where could I find a legal reference for more information on this?

Thank you.
 



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