Late Payment Policy

[jammiesandtea]

This guy is big-time trouble. Previously paying late is strike number one. The comment he made after he slipped on the floor was strike number two. Questioning your new late payment fee and the "legalities" of it, is strike number three. I would turf his behind before he can screw you over, because he most certainly will.

And for the record, what he is referring to is interest accrual. It does not apply here. You are not charging him an interest percentage per day, or interest for the benefit of a loan, etc. You are charging him a penalty fee for being late with his daycare service payment. It's a PENALTY as a consequence of doing something he knew he shouldn't do, and chose to do anyway. He can avoid having to pay the penalty, not by attempting to hide behind a (non-existent in this case) law, but by NOT PAYING HIS DAMN DAYCARE FEES LATE.

I understand you like his kid, and maybe you need the income from them, and filling spots may not be so easy in your area? I can empathize. But mark my words. This will not end well, and if it's not you who terms, it will be you who gets burned.