When are penalty fees applied? Facebook Twitter LinkedIn A Php 100 fixed penalty fee will be charged 1 day after your due date. An additional variable penalty of 0.15% of your Daily Outstanding Principal Balance will be applied to your account every unpaid day from your due date. Related articles What are the things that I need to know before using GGives? What is GGives? How do I compute for the variable penalty fee? How long does the GGives registration and approval process take? Does GGives charge penalty fees?