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LATE PAYMENTS FEE FOR PC REPAIR CLIENTS

Things You Should Know About Charging a Late Payment Fee

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Page 1: Things You Should Know About Charging a Late Payment Fee

LATE PAYMENTS FEE FOR PC REPAIR CLIENTS

Page 2: Things You Should Know About Charging a Late Payment Fee

 The Invoice Can Be Unpaid Because:

● accidentally (customer simply forgot or email went to the spam)

● bounced by a bank (happens often especially with business bank accounts

● loyal customers (think they have a privilege of paying later)

● corporate business (person who was supposed to pay didn’t get the invoice from another person)

Page 3: Things You Should Know About Charging a Late Payment Fee

Solution?

LATE FEES!

Late fees, also known as late fines, are fees imposed for payments delivered after the due date.

Page 4: Things You Should Know About Charging a Late Payment Fee

Late Fees

● lawful, but check your regional laws or even seek legal

advisor opinion

● include it in terms and conditions on the invoice

● can vary from 0.5% per day to as much as you want

Page 5: Things You Should Know About Charging a Late Payment Fee

If you have questions, please

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