charging interest on late invoices late mercial payments charging interest and debtlate mercial payments interest and debt recovery costs you can charge businesses for late payments.credit card interestcredit card interest is the principal way in which credit card issuers generate revenue a card issuer is a bank or credit union that gives a consumer the cardholder a card or account number that can be used with various payees to make payments and borrow money from the bank simultaneously the bank pays the payee and then charges the cardholder interest over the time the money remains borrowed.
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