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We charge a service fee or finance charge for payments later than 60 or 90 days. Why doesn’t the IPAS pay the late charge?

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We charge a service fee or finance charge for payments later than 60 or 90 days. Why doesn’t the IPAS pay the late charge?

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A. The IPA board of directors voted several years ago to not pay finance or late charges to member newspapers. As explained above, the long process is beyond our control. If we paid late charges, we would have to charge an even higher commission, and since the IPA is member-owned, a late fee would, in effect, be billing yourself.

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