How do late fees, damage charges, and deposit handling work?

The return outcome drives the money. An OnTime return releases the deposit back to the customer. Late returns can incur late fees; Damaged returns lead to damage charges, typically deducted from the deposit; NotReturned triggers escalation and deposit forfeiture/charges per policy. The deposit acts as the safety buffer the business draws against for these cases.…

The return outcome drives the money. An OnTime return releases the deposit back to the customer. Late returns can incur late fees; Damaged returns lead to damage charges, typically deducted from the deposit; NotReturned triggers escalation and deposit forfeiture/charges per policy. The deposit acts as the safety buffer the business draws against for these cases. The exact fee amounts and rules are policy the business configures, but the mechanism — deposit held up front, outcome determines release vs deduction — is built in.