Module 6 of 8 in Money, for people who work for themselves

Late, and what it costs them

You know the exact interest and fee a late-paying client owes you, and you have a reminder sequence ready to send.

30 minutes

0 of 8 modules done

Education, not personalised financial or tax advice. Rules change; check the linked official source for your country before acting.

Marta's invoice was due on the 4th of August. It's now the 18th of September. The client hasn't said no — they've just gone quiet, the way clients do when an invoice sits at the bottom of an inbox long enough to stop feeling urgent. Marta isn't angry. She's curious what it's actually costing them, because under EU law, it's costing them something specific, and she can name the number.

45 days late: EUR 41.03 interest + EUR 40 fee = EUR 3,281.03 owed.

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