Kent Lewis, owner of Anvil Media in Portland, Ore., said his contracts include a clause saying that late payments will be subject to a 10% interest charge. It’s been effective, he said.

Apply the monthly interest rate to the overdue balance to find the amount of late payment interest. For example, if the monthly interest rate is 0.83 percent and the balance is $600, the dollar ...

Health plans can reduce late payment interest by up to 25% year over year. The journey starts by reaching out to a healthcare services expert with a Late Payment Interest Center of Excellence.

The Honchariws took out a $5.6 million bridge loan from FJM Private Mortgage Fund, LLC. The loan was secured by real property and carried an 8.5% annual interest rate. Less than a year into the ...

Under the amendment, a payment is considered late and interest begins to accrue 45 days following the public entity's receipt of a proper request for payment. Interest is set at 0.5 percent daily ...

For the average person who carries a $4,000 balance, the penalty interest rate will cost $665 annually, according to an analysis by CreditCards.com. Add the late fees and the total cost of this ...

CBS News Chicago Live. CHICAGO (CBS) -- Property tax payments for Cook County homeowners are due March 1 – but the county is cutting a break to those who are late paying their bills this year ...