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Blockbuster Video - No More Late Fees

 Admin Staff     Created: 12/14/2004 6:05:23 PM    Updated: 12/14/2004 7:11:55 PM
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DALLAS (AP) -- Blockbuster is eliminating late fees on games and movies, but there's a catch: If you keep it too long, you've bought it.

The company says it's going to continue to set due-dates -- one week for games, and either two days or one week for movies. But as of January first, it'll be giving customers a one-week grace period at no additional charge.

But the company says renters who keep the movies or games after the grace period will automatically be charged for purchasing it.

The renters can still return it over the next 30 days, and they'll get the purchase price refunded -- but they'll be charged a restocking fee.

Blockbuster calls it "the biggest and most important customer benefit" it's ever offered.

©2009 Associated Press. All rights reserved. This material may not be published, rewritten, or redistributed.



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