Register
Log In
Forget your Password?

Home
Directory
Bulletins
Forums
Blogs
Articles
Links
Classifieds
About Us
Contact Us
Advertise
FAQ
Privacy Policy


Discussion
<< get older messagesget newer messages >>
to post a message: login - or - register | search messages | show all replies



[+] No Images Online, WA - David Bloys/TX (1 reply)
1/4/2005 12:45:00 AM (3124 views)

SC counties pulling documents offline - David Bloys/TX
1/3/2005 11:03:20 PM (2774 views)

[+] I want to become a title abstractor - Barlow Humphreys/NY (2 replies)
1/3/2005 6:01:30 PM (2457 views)

[-] late fees/interest ??? - Glenda Hodge/TN (6 replies)
1/3/2005 12:53:35 PM (2192 views)
Re: late fees/interest ??? - Charles Skinner/NY
1/3/2005 4:10:46 PM (3195 views)
Re: late fees/interest ??? - Margaret Sedy/CA
1/10/2005 3:08:48 PM (3291 views)
Re: late fees/interest ??? - Shannon Blatt/VA
1/10/2005 9:52:40 PM (3238 views)
Re: late fees/interest ??? - Lisa Ramsey/TX
1/11/2005 6:48:27 PM (3383 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?

to post a reply: login - or - register


Re: late fees/interest ??? - Douglas Gallant/OH
1/12/2005 3:42:50 PM (3199 views)
Re: late fees/interest ??? - kevin ahern/CT
1/3/2005 4:27:50 PM (3273 views)

THIS IS IT... - Jay Duncan/MO
1/3/2005 9:24:45 AM (2758 views)




[+] Happy New Year! - Robert Franco/OH (1 reply)
12/31/2004 6:31:45 PM (2155 views)

[+] Little Scanner - Judy Nisonger/CA (3 replies)
12/31/2004 5:58:12 PM (2147 views)

Mortgage Fraud Epidemic - David Bloys/TX
12/30/2004 1:36:04 AM (3038 views)

[+] Just trying to learn - Want to be an abstractor/OH (10 replies)
12/29/2004 6:58:06 PM (2205 views)

SOT Hospitality Suite - Robert Franco/OH
12/29/2004 5:30:26 PM (1615 views)

[+] ZENO DATA? - Rebecca Barney/FL (10 replies)
12/29/2004 3:51:01 PM (2592 views)

[+] Confusing Instructions from Client - Larry Crooks/OH (11 replies)
12/29/2004 8:11:41 AM (2397 views)

Ethics - Robert Breakell/CT
12/28/2004 6:55:44 PM (1767 views)

Follow-up on the E & O Article - Jarrod Clabaugh/OH
12/27/2004 4:23:14 PM (1729 views)

[+] Another Day Off - Shannon Blatt/VA (5 replies)
12/27/2004 12:16:13 AM (2358 views)


<< get older messagesget newer messages >>

DISCLAIMER: These Message Forums are un-moderated and Source of Title does not endorse the content of any of the posts. Source of Title discourages libelous comments and you, as the sole creator of the content, take full responsibility for your remarks.
Directory

The Source of Title Business directory has 8973 listed companies.

Leave feedback on a company:
SOT ID #:  learn more...
DRN Title Search
Blogs

Read other users' blogs-- or start your own!

Most Recent Blog Posts:

What Is Title Insurance & Benefits
Michael Stelzer's Blog
2026/03/14
0 comments

The Source of Title - Part I: Freedom Written, Freedom Insured
Ben DuBay's Blog
2026/02/15
0 comments

Shared Driveway Agreements
Marissa Berends's Blog
2025/12/10
0 comments

Articles

Source of Title articles help to keep you informed on the state of the title industry.

Orange County Man Arrested on Federal Criminal Complaint Alleging He Defrauded Bank Out of Nearly $100 Million
An Orange County man was arrested today on a federal criminal complaint charging him with defrauding a bank out of nearl...
MISMO Releases FRAME: Framework for AI Governance in Mortgage Lending
“FRAME is fundamentally a risk management tool,” said Rick Hill, a key contributor to the framework and MBA&...
ALTA, Maryland Land Title Association and AARP Applaud Attorney General Anthony G. Brown for Action Protecting Homeowners from Unfair MV Realty Contracts
“These agreements can create serious uncertainty in the land records and unnecessary obstacles for homeowners and ...
Mortgage Applications Increase in Latest MBA Weekly Survey
“Mortgage rates were volatile last week as news from the Middle East continues to drive markets,” said Mike ...
Over 1,100 Housing Advocates Call on Congress to Address Affordability
“Members of the housing community from across the country are in Washington for the National Association of Home B...

Search Articles:
browse...

Classifieds

Buy, sell, or trade! Browse the ads or post your own!

© 2020, Source of Title.