Maximum Late Fee in Texas?

Discussion in 'Business Operations' started by EagleLandscape, Aug 18, 2007.

  1. EagleLandscape

    EagleLandscape LawnSite Platinum Member
    Male, from Garland, Texas
    Posts: 4,347

    I just upgraded my Gopher software so I can have automatic late fees tacked onto the invoices. What is the maximum allowed late fee per month in the state of texas? thanks.
     
  2. EagleLandscape

    EagleLandscape LawnSite Platinum Member
    Male, from Garland, Texas
    Posts: 4,347

    ttt.................
     
  3. rodfather

    rodfather LawnSite Fanatic
    Posts: 9,501

    Whatever you want...but if it isn't in writing and signed by your client, it won't matter. Max interest rate is 1.5% or 18 per annum for anyone other than a credit card company, bank or other lending institution.
     

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