I used to think late fees were a bad idea until a guy in Boise ghosted me for $800 | Billing Issues - Freelance Forum - The Community for Independent Professionals
I used to think late fees were a bad idea until a guy in Boise ghosted me for $800
He was 60 days past due and ignoring my texts, so I added the 10% late fee from my contract to the next invoice. He paid the full amount, including the fee, within 24 hours. It wasn't about the extra money, it was the only thing that got his attention. Has anyone else found that a clear late fee policy actually gets you paid faster?
You said it wasn't about the extra money, it was the only thing that got his attention. That makes me wonder, what do you think finally clicked for him? Was it seeing the total go up, or was it the formal reminder that he broke a signed contract? I'm trying to figure out if the power is in the money or the principle.