THE REGULAR BILLING CYCLE
- Your storage bill is generated on the 1st of each month. The invoice is for the following month. For example, an April invoice is for May storage charges. This gives you a full month to remit payment. All payments are due in full on or before the first of every month.
- If your payment is received after the 5th of the following month a $25.00 late fee will be charged to the next month’s invoice. This late fee will be charged EACH month until all past due amounts are paid in full. A 22% finance charge will be applied to your account every 30 days that your account is past due.
- Storage customers will receive all of their invoices by email unless specified otherwise to receive via paper mail.
- All returned checks are subject to a $25.00 returned check fee.
You may enjoy the benefit of never incurring late charges and/or interest by signing up for auto pay. You will be charged at the end of every month automatically.
PROCEDURE FOR NON-PAYMENT
If you are late two months, you will receive a note of “PAST DUE”
If, after 3 months, you remain behind, we will attempt to collect the monies due by reporting you to a local collections agency. They will attach a delinquent notice to your personal credit report. You will also receive a certified letter giving you thirty days to come forth and pay your bill in full or we will have the right to advertise your goods for sale in a local newspaper. After the 30 days has expired and we still have not received payment from you, your goods will then be advertised in the local newspaper under “legal notices”. At that point Magnum Moving & Storage Inc will own your goods and will auction for sale in a reasonable manner all of your belongings on Magnum property in order to recoup monies lost due to non-payment.