Late fee payment charges

[caroline]

I'm not sure if there is a thread about this, if there is sorry!

Could I ask how much you charge in relation to late payment fees?

Thanks

x

[mel]

Hi
I charge £5 per day per late payment. I'm not sure how this varies from others though.

Mel x

[angeldelight]

Hi Caroline

Hope you are ok ?

I also charge £5 a day I have never had to enforce it though and hope I never have to

Have a good weekend

Angel xx

[susi513]

my contracts say £5 per child per day. I haven't yet charged it yet except one month where Busy Bees messed up & agreed to pay it for the 2 parents whose payments they had for nearly 2 weeks before crediting my account.

[deeb66]

Mine is also £5 per day but have never enforced it as I am luckily enough to say that my 'parents' have never really messed me around - yes they have forgotten to pay me on several occasions but I believe it was genuine so I never charged them.

I also state in my contracts that like them I have bills etc to pay and that direct debits leave my account on 1st/2nd of the month and should my money not be received and I incur bank charges due to a bounced direct debit then the parents would be liable to refund me these charges...... Again I have never had to do this as I usually find that the money usually reaches my account on time.

Dee

[susi513]

good point, i've also put in my contracts that parent will be billed "plus any additional expenses incurred by the childminder as a result of the late payment" ... and that if their payment bounces/fails to clear thereafter all payments must be made in cash.

[janet]

mine too is £5.00 per day xxxx

[banana]

5 also

x

[carolinel]

oops - i don't have a late payment fee. i will include it in my new contract whenever i get a new mindee.

[caroline]

Thanks for the replies ladies.

Angel, i'm ok thanks, just a bit grrrr with parents and am therefore giving up minding.

Seems that I get the parents that dont want to pay, or forget!!

Thanks for your help ladies, you helped me out no end and hope all goes well for you all.

I'll keep having a looksee on the forum and see what's happening, as you never know I may take it up again - maybe

xxx

[tasha]

I must have missed something - Caroline - what's happened - Are you seriously stopping minding?
Tasha

[deeb66]

I must have missed something too

I am sorry to hear that you are giving up minding Caroline but as you say it makes it really hard when parents don't pay and makes you wonder why you do it!

You take care

Dee

[shirlwith3]

Hi I had a problem with my full timer's parents paying late , did at first charge £5 for a late payemnt but have since put it up to £10 which has worked as now if the fees are due while their son is off they will still drop it of to me then.

[banana]

sorry that childminding hasnt worked out for you caroline, as you say though maybe you can return to it at a later date

best wishes and good luck with what you decide to do next

best wishes, keep in touch

xxxxx