Blockbuster Drops Late Fees

CNN Is reporting that Blockbuster will drop late fees on their movies and games, but will still enforce a due date.

“The world’s largest video rental company will still have due dates for their rental products — one week for games and two days or one week for movies, depending on whether it’s a newrelease.

But customers will be given a one-week grace period after that to return the product. After that grace period ends, the chain will automatically sell them the product, less the rental fee. If the customers don’t want to purchase the movie or game, they can return the product within 30 days for a credit, less a restocking fee. “

Read more at CNN

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