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How much do you normally charge for a security deposit? I have never asked for one in the past but I am now for new clients. I have heard anything from $50.00- 2 week deposit.
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My security deposits are equal to the last week of care. It honestly depends on your particular area. In my area, it's not always the norm to charge security deposits. I also let them break it up into a few payments if finances are tough. -
My deposit is 2 weeks pay. It is nonrefundable except to use towards the first and last week of care.Comment
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I don't know if deposits are the norm in my area, but no one has seemed to have a problem with it. Although, I suppose if they had a problem with it then they just wouldn't sign up with me.
I charge a one week deposit that is applied to their final week of care. So the amount depends on what a week of care costs for them. It could be just $74, or it could be as much as $207, etc.
I have only had one family say they couldn't afford to pay their $160 deposit up front, so we broke it up and added it to their rate over 4 weeks. So for 4 weeks they paid $195 and then it went to the regular rate of $160Comment
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2 weeks' pay, which I apply to their last 2 weeks here. (Saves you if they leave without notice.)Comment
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