Cozy.co & late rent fees

[Jeremy Torres]

As a landlord I use cozy . How would you know if tenants pay late if they authorize a payment for example on July 1st but doesn’t process through til a week later due to holiday ? Would you charge late fee . With cozy Ive read where payments take a while to go through

[Tyler Northrup]

@Jeremy Torres I use Cozy as well.  I would not charge a late fee based on the processing time.  That is out of their control.  As long as it was submitted on time and processes properly They have paid on time in my mind.  I am pretty sure with cozy for the date you set for a late fee to be assessed is based on if they have submitted payment by that date not if its processed by that date. Hope that helps?