Submitted by: Jim Dick
I propose we charge 6.% interest(APR)on past due balances, effective 12/31/2011.
2 Responses to “Interest on past due balances”
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October 17th, 2011 at 8:05 pm
Sounds reasonable. I agree.
Rich Brott, B.S., M.B.A.
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.