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Originally Posted by SpeakEasy
First of all everyone should pay their hosting bills upon receipt. After 5% of the month which is like 36 hours into the month the host is on the hook for any bandwidth that you used, so if you don't pay by that time they are really extending you credit, and then add to this equation, data center, techs, etc... costs and you are really sticking it to them.
Basically I don't think any host should really allow anyone to not pay ontime. Of course their are and will be some exceptions to any rule like after shock media has stated. 
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I hate to break this too you noble one but business just doesn't work like that. If you decide not to work with people that pay on net 30, net 60, and everything in between you are shorting yourself a lot of business. I can't remember one B&M business I've ever been involved with where every bill got paid on the due date. Shit happens, and pretty much any company you don't pay is extending you credit. It's not like hosting is the only one with expenses and employees to worry about.
