fees for late payment

I offered a reduced Summer schedule which many of my lessons took advantage of, paying for one month of lessons but spreading them over July and August. Payment was due at the end of June as usual. One parent in one reduced schedule group hadn’t…

• Last updated 5 years ago
• charging late fees, discontinuation, discontinuation notice, discontinuation policy, discontinuing, discontinuing lessons, enforcing your policy, fees for late payment, late fees, studio policies, studio policy, studio policy regarding late fees, when to charge a late fee

Do you have written in your policies, fees that are late incur extra charges? If so, how much extra do you charge? $20 late fee, no exceptions. My invoice says no places held without payment. I charge $25 if an invoice is more than 5…

• Last updated 6 years ago
• answering questions about fees, automatic payments, changing studio policies, charging late fees, claiming territory, collecting payment, communication, discount for paying early, discounted fees, enforcing your policy, fees, fees for late payment, how much do you charge, how much to charge, invoicing, late fees, lesson fees, payment fees, payment methods, payments, policies, policy, requirements, setting fees, setting policies, stating fees, studio policies, studio policy, studio policy regarding late fees, when to charge a late fee

At least once in the past, and again today, I’ve had a student/parent complain about late fees and express doubt about their legality. The suggestions have been that perhaps the mere existence of such fees could be illegal, but otherwise perhaps the amount/percentage of the…

• Last updated 12 years ago
• charging late fees, fees for late payment, late fees, studio policy regarding late fees