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Legislation

Legislation on reminders

The Interest Act prescribes the following guidelines:

  • You may require a late fee of no more than DKK 100 per letter
  • A maximum of three reminders fees relating to the same claim. An additional collection fee of DKK 100 can be charged regarding the transfer to debt collection
  • It is not imposed on the creditor to send reminders. The law merely provides that a maximum of three reminder fees can be charged, if the creditor chooses to do so.
  • At least one collection notice needs to be sent before the debt is placed for collection
  • There must be a payment deadline of 10 days
Danish Debt Collection Law

Collection charges and fees

Collection fees are charged to your customers, which depends of the size of the debt.

See here

Debt Collection Industry Association

Collectia is a member of the Danish debt collection association (Dansk InkassoBrancheforening). The association aims to develop and sustain the Danish debt collection market.

Read about the work of the association here:

See here
Logo Inkassobrancheforeningen