Interest on past due balances

Submitted by: Jim Dick

I propose we charge 6.% interest(APR)on past due balances, effective 12/31/2011.

This entry was written by Jim Dick and posted on October 17, 2011 at 10:47 am and filed under Community Notice, Member Submission. Bookmark the permalink. Follow any comments here with the RSS feed for this post.

2 Responses to “Interest on past due balances”

  1. avatar richbrott Says:
    October 17th, 2011 at 8:05 pm

    Sounds reasonable. I agree.

    Rich Brott, B.S., M.B.A.

  2. avatar abgoetz Says:
    October 18th, 2011 at 7:20 pm

    Sounds good but how will we collect that when some are choosing not to pay anyway. We have little enforcement power. Worth a try, I guess.

Leave a Reply

You must be logged in to post a comment.