You're kind of curious how those "no late fees" at movie and game rental places work. amirite?

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There's no late fees because places like netflix and gamefly you pay a monthly fee. So regardless of how long you have the movie you still pay them each month. Blockbuster only charges you for the day you're supposed to be on rent, so when you go over they charge you late fees to cover their loss of money they could have gotten from renting your returned movie to someone else, since they don't get money automatically each month from you for their service.

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@Joe_Larson oh, thanks. so Blockbuster does have late fees after all?

idk, every blockbuster in my area closed down. I know they did when they were still open around here.

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