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Interest on late rent payments

CPSL
CPSL
Posts: 3


2013/07/22
CPSL
CPSL
Posts: 3
What interest can be charged on late rent payments from tenants? We do have a registered debt collector within our organisation.
N HACK
N HACK
Posts: 100


2013/07/24
N HACK
N HACK
Posts: 100
The interest that TPN advises is 2% per month on a lease agreement, as per the National Credit Act, please see link: http://wiki.tpn.co.za/tpn/legal/What_is_the_maximum_interest_a_landlord__126
Onderbroek
Onderbroek
Posts: 1


2019/09/10
Onderbroek
Onderbroek
Posts: 1
What is the easiest way to calculate interest, saying this my tenant is paying little by little