Blockbuster : NO LATE FEES EVER

[Gooch]

it's an attempt to charge the movie it to your card after a week.




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Blockbuster drops late fees

No. 1 video rental chain to give 1-week grace period; Financier Icahn steps into buyout fray.
December 14, 2004: 6:29 PM EST


NEW YORK (CNN/Money) - Blockbuster Inc. announced Tuesday it is abolishing late fees on all its video tapes, DVDs and video games as of Jan. 1.

The world's largest video rental company will still have due dates for their rental products -- one week for games and two days or one week for movies, depending on whether it's a new release.

But customers will be given a one-week grace period after that to return the product. After that grace period ends, the chain will automatically sell them the product, less the rental fee. If the customers don't want to purchase the movie or game, they can return the product within 30 days for a credit, less a restocking fee.



Edited By Gooch on 1105368865