Credit Card Billing
All credit cards are automatically charged on the customers specific billing cycle. The billing cycle is based upon the day the customer first signed up for BrokerCEO. If the credit card is declined, BrokerCEO will attempt to charge the card on file for 30 days.
Late Fee
If an account is more than 30 days past due a late fee will be accessed. Multiple attempts to contact the customer will be made prior to accessing a late fee.
Collections
After a customer account has been delinquent for 60 days it will be deactivated. Once deactivated, the customer will not be able to recover any files. The account record and delinquent balance is then passed on to a third party collection agency. Reactivation of the customers account past the 60 period will require paying the on-time setup fee.
Disabled Account
All accounts 60 days past due will be disabled until the full balance is paid. During this period all access will be suspended and all data will be unavailable.
Late Fee
BrokerCEO charges a $20.00
late fee for accounts 31 days past due.
Charge backs
If a customer initiates a charge back BrokerCEO will suspend the account until the matter is resolved. Charge backs to avoid payment will result in a $75 fee to the customer. |