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NSW Contract Law - Modify Contract to Charge Credit Card After 90 Days?

Discussion in 'Commercial Law Forum' started by Matt Williams, 21 April 2016.

  1. Matt Williams

    Matt Williams Member

    21 April 2016
    Likes Received:
    Hi there,

    I work for an office supply company that has a thirty day period for our customers to pay us. Problem is, we have a few customers that have outstanding balances lasting over 90 days. As a result, I'm chasing up debts all day.

    Under Contract Law, can I modify my contract to request a credit card number, and to stipulate that the card will be charged after a period of 90 days in the event of non-payment?

  2. Sophea

    Sophea Guest

    I don't see why not. Provided that you gain their express consent in your agreement to charge for their bills if they have not paid within 90 days.

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