No. of Recommendations: 1
<< After thirty days, all account balanced older than 45 days will be charged interest at 10% per month. >>

Unless this was part of the sales contract at the time, you can't unilaterally and arbitrarily start charging interest.

It might be a good practice to establish some policy like that with them now though, with some kind of provision that will start getting the bad debts paid on a reasonable basis.

Of course, they might refuse to agree to a change in terms.

Seattle Pioneer
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