Compared to D.C. Government, the Credit Card Companies are Angels

The credit card companies have taken a lot of heat (and rightly so) for the late fees and exorbitant interest rates they charge on for the privilege of using their cards.  But I know an entity whose fees are even WORSE.

The District of Columbia Government!

I recently received in the mail a bill for the two-year renewal of my Basic Business License (required for renting residential housing).  Payment must be made by March 31, 2012.  I mailed the check yesterday.

If one does not pay the bill by April 1, 2012, the District of Columbia Government assesses a $250.00 late fee.  And, if one doesn’t pay the bill by May 1, 2012, the District of Columbia Government assesses a $500.00 late fee.  OUTRAGEOUS.

Even companies that would “advance” clients a tax refund [“rapid refund service”] until the tax refund is received do not charge as nearly an OUTRAGEOUS rate as the District of Columbia Government.

I wonder what Dave Ramsey would say about this (I know he would have NOTHING nice to say about this).

My bill totaled $190.30.  Wow, the license costs that much?  No, the license itself is $35.00.  The other fees are (a) RAO Fee of $43.00, (b) Application/Renewal Fee of $70.00 [funny how the renewal of the license costs more than the license], (c) Endorsement Fee of $25.00 and my personal favorite, (d) Enhanced Service Fee of $17.30 [what the hell is an “Enhanced Service Fee”?  To me it’s the District of Columbia Government saying, We can charge it because we are the Government].

 
Yes, believe it or not, when compared to the District of Columbia Government, the credit card companies are angels

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