Re: Interest on past due balances

From: Carol Ingle (cingle@sewanee.edu)
Date: Wed Nov 20 2002 - 13:31:57 EST

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The University of the South charges 1 2/2% ALSO.

Anderson University charges 1 1/2% (18% APR) on past due balances.

Dana Stuart
Assistant Treasurer and Controller
Anderson University
1100 E. 5th St.
Anderson, IN 46012
(765) 641-4114 (phone)
(765) 641-3851 (fax)

>>> Lorie Watts <lorie_watts@wilmington.edu> 11/20/02 11:31AM >>>
We currently charge 1% interest per month on past due balances. We
are
considering increasing the rate to 1 1/2%. I am interested in what
others
are charging.

Thanks,

Lorie Watts
Student Accounts Manager
Wilmington College
Wilmington, OH 45177

Carolyn Ingle
Accounts Receivable Manager
University of the South
735 University Avenue
Sewanee, Tn 37383-1000
931-598-1347

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