What you may lawfully add on top
Fees, interest and costs
Reminder fee, compensation fee, collection fee and default interest. Here are the rates, the conditions and the statutory provisions they rest on.
8 concepts
- Collection fee (inkassosalær) The collection fee is the out-of-court recovery costs the debtor must pay when a claim is handed over for collection — the amount depends on the size of the principal. The size of the principal depends on
- Compensation fee (kompensationsgebyr) The compensation fee is a fixed amount of 310 kr. that a business creditor may claim from a business debtor on late payment. 310 kr. amount
- Court fee (retsafgift) The court fee is the fee paid to the courts for hearing a case — and it can be claimed back from the debtor. The creditor — up front paid by
- Default interest (morarente) Default interest is the interest that runs on an overdue claim — as a starting point, Nationalbanken's lending rate plus 8 percentage points. + 8 percentage points margin
- Formal demand fee (påkravsgebyr) The formal demand fee is the fee that can be added to the formal demand letter — on the same terms as a reminder fee. 100 kr. amount
- Legal costs (sagsomkostninger) Legal costs are the costs of court proceedings, which the losing party is typically ordered to pay to the other side. The losing party borne by
- Litigation interest (procesrente) Procesrente is the interest that accrues on the claim from the commencement of proceedings and is awarded by the judgment. Same as default interest rate
- Reminder fee (rykkergebyr) A reminder fee is the amount a creditor may add to the claim for each reminder letter — no more than 100 kr. per reminder, and for no more than three reminders. 100 kr. per reminder
And what applies all the way through
From dictionary to decision
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