Arkansas
Is it legal for the monthly rental payment of an apartment to be allocated for late fees instead of rent?
My apartment is $635, due by the 3rd of every month. I paid a day late, on the 4th and received a late payment fee of $75. My apartment manager told me that part of my $635 rental payment was used to satisfy the late fee and I still have a balance of $75 for rent and if I cannot pay that by the 15th of the month, there will be another $75 late fee, resulting in $150 that I would have to have paid by the time my next month's rent is due or I will continue to have a negative balance and more late fees.
Thanks!
Is it legal for the monthly rental payment of an apartment to be allocated for late fees instead of rent?
My apartment is $635, due by the 3rd of every month. I paid a day late, on the 4th and received a late payment fee of $75. My apartment manager told me that part of my $635 rental payment was used to satisfy the late fee and I still have a balance of $75 for rent and if I cannot pay that by the 15th of the month, there will be another $75 late fee, resulting in $150 that I would have to have paid by the time my next month's rent is due or I will continue to have a negative balance and more late fees.
Thanks!