How late are you allowed to be on a payment on a new phone and service? Is there a late fee charge?
Great question, Shay20. No one wants to pay more money than they have to. Saving money is our top priority and want to make sure you have all the information needed. Late fees are calculated at a rate of 1.5% of the past due balance or $5, whichever is greater, subject to any applicable law that may limit such fees http://www.verizonwireless.com/support/wireless-service-checklist-faqs/ . Late fees are not applied: If the full amount due is paid at least 1-day prior to the bill cycle date, On the portion of the past due balance related to device payment installments, meaning, Late fees are not charged with device payment. Hope this answers your questions. JorgeO_VZWFollow us on Twitter @VZWSupportIf my response answered your question please click the "Correct Answer" button under my response. This ensures others can benefit from our conversation. Thanks in advance for your help with this!!
