Saturday, March 22, 2008

Collection Policy

The board of directors, in an effort to encourage the prompt payment of monthly dues, approved an increase in the late fee charge to $50 each month in which a past due balance remains on your account.

Your payments are due on the 1st each month. A 15-day grace period is allowed, and the late fee will be incurred on the 16th each month.

If you want to take the US Postal Service out of the equation, click here to sign up for automatic payment. Your payment will be made on the 5th day each month, and you won't have to worry about your payment reaching the bank in time to avoid late fees.