Doesn't the bank make more money by collecting 7.5% interest instead of 1.88% though?

If she pays, then your really out of luck and you have to sue her in court for breaking the lease and damages.In general, I don't take people to court once I have the property back as the attorney fees and the fact you RARELY collect on any judgements (15% of the time or less) eats any profit and wastes your time.

Ultimately the tenant will be charged for it through collections or a judgement.

The idea of branding is great I think and allows guests to collectively remember your properties. 

Just a point of fact Class action suits are a pipe dream at this level in almost all circumstances. there has to be money to collect.  

Tenant and Lease ManagementSimplify tenant payment workflows, digitize receipts, and efficiently manage leases, rent collection, and maintenance requests, etc.5.

These factors collectively contribute to a successful sale and maximize the property's value.

Payment methods, tax collection etc.

If you're going to work with contractors, collect rent from tenants, or try to bed the hot chick at the bar, you better learn to recognize warning signs and get out early. 

When looking back, that isn't an accurate way to do it for a variety of reasons, plus it is a hassle every time to do the math and collect.