If your payment is late, you may be charged penalty interest.

Consider exercising your right to charge penalty interest for late payment.

Penalty interest is calculated on a daily basis but notified monthly.

In the case of penalty interest a reasonable excuse is a mitigating factor.

We can mitigate penalties and penalty interest (see paragraph 2.15).

Clients who have only had a mortgage for a year or two, may find they have to pay three months' penalty interest in any event.

The quarter also included approximately $4 million of penalty interest associated with outstanding debt in default.

As to your liability to pay, or the amount of, any interest or penalty interest.

If they are not paid on time penalty interest is imposed and the body corporate can sue to recover the amount owing.

Arrears and penalty interest accumulated on the unpaid principal which increased the size of the debt.

Spanish mortgage holders are responsible for the full amount of the loan to the bank in addition to penalty interest charges, and court fees.

The rate of penalty interest is:

"By reducing the penalty interest rate you're almost encouraging someone to let their taxes become delinquent," Mr. Maloney said.

At the same time the offshore company, which had failed to make payments for the charters in time, was forgiven 153,000 euros of penalty interests.

If you fail to make the return and/or payment by the due date you will be liable to a penalty of £250 and penalty interest.

The rate of penalty interest is ten percentage points higher than the normal interest rate and is compounded monthly while the debt remains unpaid.

This arrangement worked only for cheques drawn on an account provided by the bank that issued the card and could result in an overdraft with penalty interest.

Charged $13.4 million in penalty interest and fees, Philadelphia Media Holdings continued negotiations with lenders until February 20, 2009 when the talks collapsed.

The following factors cannot be taken into account when considering mitigation of penalties or establishing a reasonable excuse for the mitigation of penalty interest:

If the amount assessed is not paid within a time limit stipulated by us you will be liable for interest and/or penalty interest on the amount assessed.

Penalty interest can also be charged for late payment of Landfill Tax, Climate Change Levy and Aggregates Levy returns.

Whether you are liable to a penalty and/or interest/penalty interest, or the amount of any penalty, interest or penalty interest.

If you do not pay tax due on a return or any assessed tax, penalty or interest on time, you are liable to penalty interest on the amount involved.

Consumer Action said that in the last two or three years some companies had been charging penalty interest rates on overdue accounts that were on average 4.5 percentage points higher than standard rates.

It is also chargeable on tax or levy assessments, penalties, interest and penalty interest in relation to Landfill Tax, Climate Change Levy and Aggregates Levy.