Q: What is a reasonable late fee percentage for overdue freelance invoices?

[Btaliat]

For standard freelancers, there are some that collect 1.5% or 2% compounded monthly. This means the more the clients keep delaying the project or task, the more they will be paying more tasks. There are different reasons why freelancers always do this. It is always better for the freelancers to device some of these means in order to make the clients do the needful. What do you think about this? Share them in the comment section.