Legal Question in Business Law in California

charging late fees

I have a small business in Calif. and wonder how much I can charge accounts that are past due each month?


Asked on 6/11/09, 3:47 pm

1 Answer from Attorneys
Charles Williamson Charles J. Williamson, Attorney At Law

Re: charging late fees

Easy solution: each state has its own "usury" laws which say how much interest can be charged without exceeding the legal limit. Hence, try googling "California usury law" and see what comes up.

Read more
Answered on 6/11/09, 4:02 pm


Related Questions & Answers

More Business Law questions and answers in California