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:
what is fair interest to charge on an overdue acount?
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05-03-2006, 10:35 PM
Niko Bimini
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Join Date: Feb 2004
Location: Vast Desert Wasteland aka Phoenix Arizona
Posts: 2,372
I would agree 3-4% is good for 30 days past due.
But then bump to 6 or even 10% for 30-90 days.
Beyond 90 days you should send the leg breakers around for a visit
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