General Inquiries

Finance Charges to Customers on Past Due amounts

  • 1.  Finance Charges to Customers on Past Due amounts

    Posted 7 days ago
    Our Service Division is going to start charging Finance Charges to our customers for Past Due Amounts.  Does anyone know the maximum rate that we can charge in South Carolina?  We were thinking 18% - (1.5% per month) but would charge more if allowed.

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    David Helms CCIFP, CPA
    Controller
    Cullum Mechanical Construction, inc.
    North Charleston SC
    (843) 576-2650
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