NEW YORK (Reuters) - Blockbuster Inc. (BBI), the top U.S. video rental chain, will pay $630,000 to settle 47 states' claims that its ``No Late Fees'' policy deceived customers, the company said on Tuesday.

Blockbuster will also refund customers who claim they were misled and charged restocking fees or the full price of rented movies if they were returned a week after the due date, according to a statement from Pennsylvania Attorney General Tom Corbett. ...rest of article