Interest on past due balances

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”

  1. avatar richbrott Says:

    Sounds reasonable. I agree.

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

  2. avatar abgoetz Says:

    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.