Fido is charging $11.66 late payment charge on a modem that was returned and a $126 balance owed for one month.This is equal to 120% interest! on $126 owed.60%+ interest is criminal!!The phone rep was not able to address the issue.CAN you assist?
merry go roundmerry go roundmerry go roundClearly this is a Fido merry go round.I was directed to resolve my issue here!, however this is forum for paid Fido moderators to earn $ in exchange for wasting customer's time.Go play merry go round with som...
1) Interest is calculated annually, hence one month interest is 9.25% x 12 months = 111%2) The issue is the Penalty. It is irrelevant whether it is for overall balance owed or just for the modem. The main issue is the quantum of monthly penalty of $1...