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[+] SOT Article on Experience - READ THE LEGAL!!! - Jay Duncan/MO (11 replies)
1/7/2005 1:14:06 PM (2197 views)

[+] sot website - Robert Breakell/CT (1 reply)
1/6/2005 5:34:22 PM (2092 views)

[+] Do we get a special rate at the Crown? - Kurt deVries/FL (3 replies)
1/5/2005 2:37:42 PM (2253 views)

[+] NALTEA 2005 Winter Conference Agenda - Jay Duncan/MO (1 reply)
1/5/2005 12:45:15 PM (2190 views)

[+] RUMORS! Don't believe them!!! - Jay Duncan/MO (2 replies)
1/5/2005 12:43:03 PM (2361 views)




[+] E & O Insurance - Gary Crump/TX (2 replies)
1/5/2005 11:01:18 AM (2204 views)

[+] Nationwide Appraisal Services doesn't pay - Compass Abstracts/FL (10 replies)
1/5/2005 12:19:16 AM (2632 views)

WHAT!!! Not already!?!? - Jay Duncan/MO
1/4/2005 4:11:30 PM (2725 views)

[+] Title Wave - Kurt deVries/FL (5 replies)
1/4/2005 1:32:04 PM (2527 views)

[+] American Abstract - Austin Whitaker/NJ (5 replies)
1/4/2005 1:05:34 PM (2399 views)

[+] How close is the hotel from airport? - Kurt deVries/FL (5 replies)
1/4/2005 10:31:47 AM (2240 views)

[+] No Images Online, WA - David Bloys/TX (1 reply)
1/4/2005 12:45:00 AM (3093 views)

SC counties pulling documents offline - David Bloys/TX
1/3/2005 11:03:20 PM (2741 views)

[+] I want to become a title abstractor - Barlow Humphreys/NY (2 replies)
1/3/2005 6:01:30 PM (2433 views)

[-] late fees/interest ??? - Glenda Hodge/TN (6 replies)
1/3/2005 12:53:35 PM (2169 views)
Re: late fees/interest ??? - Charles Skinner/NY
1/3/2005 4:10:46 PM (3085 views)
Re: late fees/interest ??? - Margaret Sedy/CA
1/10/2005 3:08:48 PM (3162 views)
Re: late fees/interest ??? - Shannon Blatt/VA
1/10/2005 9:52:40 PM (3125 views)
Re: late fees/interest ??? - Lisa Ramsey/TX
1/11/2005 6:48:27 PM (3248 views)

Well yes yeah for you.  The post above yours - who in the heck told you only financial institutions can charge interest - interest is very common in most sectors of the business world now.  And with doctors, etc requiring fees up front - interest is being charged - most have to put it on their credit cards.  We could think about that, I have thought about having large companies give a cost deposit for expenses to be incurred that has to be replenished every month or so.  Cost aren't so bad for regular title searches but can get very steep for doc retrievals and file retrievals to incur and hold on for sometimes months.  This is all something we would have to do pretty much across the board - but I think it is time.  Sure makes me mad when I call a company and their only reasoning for not paying me is that they have to many invoices to pay and not enough employees to do the work.  The larger vendor management companies have much more opportunity to turn a profit on interest in their accounts and to secure ample credit lines than the individual abstractor.  I'm like Shannon - due upon receipt AND no later than thirty days.  Anyone thought about due upon receipt and no later than 15 days - maybe we would get paid in thirty then - lol.  The way around the interest ceiling laws is a flat rate late charge - incurred no matter how low or high the balance like credit card companies are doing now - flat rate late charge and interest - now I think that is a crock because if you are late - they collect more interest because the balance hasn't gone down any - but now they want to slap fees on top of it.  How many of you all have applied for credit lines on your business checking - what is the average and what is the average cost if you go into the credit portion of it for a few days or a week or so?

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Re: late fees/interest ??? - Douglas Gallant/OH
1/12/2005 3:42:50 PM (3081 views)
Re: late fees/interest ??? - kevin ahern/CT
1/3/2005 4:27:50 PM (3164 views)


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