late fees (by calvin [SC]) Jan 19, 2009 7:58 PM
late fees (by Virden [OH]) Jan 19, 2009 8:31 PM
late fees (by gevans [SC]) Jan 20, 2009 9:36 AM
late fees (by calvin [SC]) Posted on: Jan 19, 2009 7:58 PM Message:
State Specific Question About: SOUTH CAROLINA (SC)
What is the max I can charge for a late fee? --65.0.xxx.xx |
late fees (by Virden [OH]) Posted on: Jan 19, 2009 8:31 PM Message:
Take a few months and observe the fees charged in small claims court, and check your state laws for reference. --99.161.xxx.xxx |
late fees (by gevans [SC]) Posted on: Jan 20, 2009 9:36 AM Message:
I can't really answer that, as I've never had a late fee challenged in court.
The general rule I use is, the late fees should double the rent. If you rent for 900/m, the late fee would be $30/day. We cannot charge late fees in SC until the 6th, but we are allowed to offer an early payment discount... and make it equal to the late fee.
Perhaps Sandy will chime in? --141.129.x.xx |
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