I pay a Monthly Levy to CSi Property Management of R 468.93.
I was late with my December 2009 Levy so I was charged R 5.85 Interest on Arrears. I duly Paid this Interest because I was late.
When they sent me a Statement for the January 2010 Levy
It had the Interest of R 5.85 Plus an Additional amount of R 50 for " Charge Reminder Fee". When I spoke to them they said it was for sending me a reminder on a late Pmnt
Then at a Later stage they added an Additional R 8 dated 11/01/2010 ( which was supposedly sent After the account was paid )
So all in All – Penalty for been late on the Account was R 63.85
I know R 63.85 is not a Large amount of money on its own
But in Proportion to the Original Payment Due of only R 468.93 – It’s Very Substantial

1stly - this charge is Exorbitant for late payment as R 63.85
on an Amnt Due of R 468.93 works out to over 130% Interest Charged on this Late Account,
2ndly - I Never Ever Received Any Reminder whatsoever from CSi, I asked CSi to send me Proof that they had in fact sent me a mail Reminder for which I was been charged & Unsurprisingly to date CSi have been Unable to give me this Proof
So I was Charged a “ Charge Reminder Fee “
without ever having received a reminder