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I am posting here because I am concerned about a new policy being implemented by the new owner of a retail store I work at. As the title says if we are 60 seconds late for our shift or from our breaks our pay is apparently being docked 15 minutes.
Late payments are generally categorized as 30-days late, 60-days late, 90-days late, 120-days late, 150-days late, or as a charge off when the delinquency has reached that level of severity. It doesnât make a difference if you are 30 days late on a credit card versus an auto loan.