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Interest on late payments

TALLYTALLY Settling In NicelyRegistered Posts: 22
Hi,

This is probably not the right forum to post this, but I thought if anyone is going to know it would be you guys. I mainly deal with the purchase side of things and so far have not had to pay any interest! Could anyone tell me what they charge customers in interest for late payments. What are the rules, does it depend on the bank rate at the time. Any advice would be appreciated.

Thanks.

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