Pennsylvania Late Fee Calculator

Work out interest on an overdue B2B invoice under Pennsylvania law. The legal default rate — what applies when the contract is silent — is 6%, and the statute is quoted verbatim below. All math runs locally in your browser.

6% legal default rate (contract silent)
Max written B2B rate
6% cap applies only to loans of $50,000 or less — business loans of any amount are exempt (any agreed rate).
Cap regime
No statutory cap
Statute
41 P.S. §§ 201, 202
Verified
how we verify · changelog

Legal rate; on a fixed-sum debt it runs as of right from the date payment was due.

Pre-filled with Pennsylvania's statutory default (6%) — the rate that applies when no rate was agreed. If your contract states a different rate, enter that instead.

What Pennsylvania law actually says

the maximum lawful rate of interest for the loan or use of money in an amount of fifty thousand dollars ($50,000) or less in all cases where no express contract shall have been made for a less rate shall be six per cent per annum. [...] shall not apply to: [...] (3) business loans of any principal amount.
— 41 P.S. § 201(a), (b)(3) (Loan Interest and Protection Law, Act of Jan. 30, 1974, P.L. 13, No. 6, § 201, as last amended July 8, 2008, P.L. 824, No. 57). Read it at the official source · row verified 2026-08-19.

Quoted verbatim from the linked official source — not our paraphrase. How we source and re-check every row is documented in the data methodology.

Maximum late fee in Pennsylvania — written B2B contracts

No statutory cap

'Business loans of any principal amount' are excluded from the 6% cap, so B2B credit has no usury ceiling; corporations also cannot plead usury.

Basis: 41 P.S. § 201(b)(3). Compare all 51 jurisdictions on the full state table and the cap-regime map.

B2B invoices only — not rent, not consumer debt

Everything on this page is about business-to-business invoices. Residential rent late fees live in Pennsylvania's landlord-tenant law and consumer credit has separate, stricter rules — two different bodies of law. The distinction is explained in B2B invoice late fees vs. residential rent.

Use this data

Pennsylvania's row — rate, cap, citation, verbatim quote, verification date — is part of our open 51-jurisdiction dataset: CSV · JSON (CC BY 4.0, cite myinvoicetemplate.com). Set late-fee terms on your next invoice with the free invoice generator, or state them clearly using the wording guidance in the payment terms guide.

Pennsylvania late fee FAQ

Can I charge late fees on overdue invoices in Pennsylvania?

Yes — on business-to-business invoices. If your contract or invoice states a late-fee rate, that rate governs (subject to the cap rules below). If nothing was agreed: 6%. Legal rate; on a fixed-sum debt it runs as of right from the date payment was due. Statute: 41 P.S. §§ 201, 202, verified 2026-08-19. Consumer and rent debts follow separate laws.

What is the maximum late fee I can charge in Pennsylvania?

For a written B2B contract: 6% cap applies only to loans of $50,000 or less — business loans of any amount are exempt (any agreed rate). Basis: 41 P.S. § 201(b)(3). The full cap analysis is in the section above; this covers business-to-business deals only — consumer credit has stricter separate caps.

What interest applies if my contract doesn't mention late fees in Pennsylvania?

The statutory default rate of 6%. Legal rate; on a fixed-sum debt it runs as of right from the date payment was due. Statute: 41 P.S. §§ 201, 202 (verbatim quote on this page, verified 2026-08-19).

Does this cover rent, apartment, or consumer late fees in Pennsylvania?

No. This page covers business-to-business invoices only. Residential rent late fees are governed by Pennsylvania's landlord-tenant law, and consumer credit for personal, family, or household purposes has its own stricter caps and disclosure rules. Those are different statutes than the commercial-interest law cited here.

Where does this data come from, and when was it verified?

Every figure on this page comes from our 51-jurisdiction dataset: each row researched against the controlling statute or the state's official current-rate page, independently re-checked, and stamped with its own verification date — Pennsylvania's row was last verified 2026-08-19. The operative legal text is quoted verbatim on this page with a link to the official source, the methodology is public, every verification pass is logged in the changelog, and the full dataset is downloadable (CC BY 4.0).