Credit Report and the Effect of Late Payments

Definitely, you don’t like to be caught in making late payments with regards to your loans or credit cards and affect your own credit score and report not only if you have to basically really have to. However, what if it happens that you just cannot really avoid that predicament? Well, that really basically depends … Read more

Commercial Collection, late payment charges?

Late payment charges have always been an issue among corporate credit and finance executives. Charging customers a penalty for paying their invoices late and the effectiveness of doing so have been topics. Should your company assess a charge to customers that pay late, and what should you call that charge? In one survey of more … Read more

How to Stop late Payment Fees in Credit Card by Runs

How to Stop late Payment Fees in Credit Card by Runs Like you I have also several times charged by Credit Card companies late payment fee just for barely crossing the specified time given by them for that transaction. For example if you have purchased today and as per Credit Card Companies minimum free period … Read more

The small business late payment hall of shame

When it comes to fighting late payment, small businesses are the David in the struggle with big business Goliaths. At the Forum of Private Business, we continue to battle on behalf of small businesses against late payment by larger contractors. We champion our members on this issue and provide a collective voice for small business … Read more

Landlord Problems: Collecting Late Payments

As a landlord you will have to become accustomed to collecting late payments. The fact of the matter is that you are going to run into tenants who do not get their payment to you on time. This happens time and time again, and you should be ready to deal with this issue before you … Read more