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The key question is whether fees are levied. If you can drag your feet for 89 days and pay not one extra cent, then why wouldn't you?

by ip26 7y ago

sgc 7y ago
Because the few dollars of interest you could make are not at all worth the hardship you place on someone who needs the principal.
- InitialLastName 7y ago
  You assume that wealthy people aren't sociopaths when it comes to the well-being of the people who work for them.
  - tempguy9999 7y ago
    They are or they aren't, they don't become sociopaths in certain situations. My take is people accustomed to wealth from birth just don't understand how hard it can be. I used to work with a guy who was very well off. I was not. I suggested something for a fee, he immediately tried to bargain with me. It was little money and I needed it; it was nothing to him. To him it was a game. He was no sociopath, he just didn't understand hardship. I saw him do that quite a bit. I'm sure if he ever felt a hard pinch himself he'd realise it wasn't a game, be much more sympathetic, but... that wasn't going to happen. Genuinely nice guy too.
amatecha 7y ago
Yeah, or if the extra fee is trivial, for that matter
kamarg 7y ago
Because you agreed to pay it at a date before that? Because you don't want to be the person that's known for making things harder on others than they should be? Because not everything is about eeking every single penny you can from every single transaction?
- raydev 7y ago
  That isn't how violators think about it though. They either can't afford it right away so they stall, or they CAN afford it, it's just that everything else in their life takes priority over sitting down to pay the bill. Pure negligence. Any experienced contractor should have a clause that charges interest after some point. You can be "nice" about it by reducing the interest rate or extending the deadline on the next job after the client has made clear they can pay on time.

The key question is whether fees are levied. If you can drag your feet for 89 days and pay not one extra cent, then why wouldn't you?

by ip26 7y ago

The key question is whether fees are levied. If you can drag your feet for 89 days and pay not one extra cent, then why wouldn't you?

sgc 7y ago

Because the few dollars of interest you could make are not at all worth the hardship you place on someone who needs the principal.

InitialLastName 7y ago
You assume that wealthy people aren't sociopaths when it comes to the well-being of the people who work for them.
- tempguy9999 7y ago
  They are or they aren't, they don't become sociopaths in certain situations. My take is people accustomed to wealth from birth just don't understand how hard it can be. I used to work with a guy who was very well off. I was not. I suggested something for a fee, he immediately tried to bargain with me. It was little money and I needed it; it was nothing to him. To him it was a game. He was no sociopath, he just didn't understand hardship. I saw him do that quite a bit. I'm sure if he ever felt a hard pinch himself he'd realise it wasn't a game, be much more sympathetic, but... that wasn't going to happen. Genuinely nice guy too.

amatecha 7y ago

Yeah, or if the extra fee is trivial, for that matter

kamarg 7y ago

Because you agreed to pay it at a date before that? Because you don't want to be the person that's known for making things harder on others than they should be? Because not everything is about eeking every single penny you can from every single transaction?

raydev 7y ago
That isn't how violators think about it though. They either can't afford it right away so they stall, or they CAN afford it, it's just that everything else in their life takes priority over sitting down to pay the bill. Pure negligence. Any experienced contractor should have a clause that charges interest after some point. You can be "nice" about it by reducing the interest rate or extending the deadline on the next job after the client has made clear they can pay on time.