Legal Question in Credit and Debt Law in California

Is calculation of 10% interest on a money judgment is per calendar days or business days?

Does 10% interest apply to unpaid interest and collections fees also?

Thank you for clarifying.


Asked on 3/17/14, 9:29 pm

2 Answers from Attorneys

Calendar days. Interest is only on the judgment.

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Answered on 3/17/14, 11:24 pm
Charles Perry Law Offices of Charles R. Perry

I agree with Mr. McCormick. Interest is based only on calendar days, and is calculated only on the unpaid amount of the judgment.

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Answered on 3/18/14, 8:25 am


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