Legal Question in Civil Litigation in District of Columbia

Interest on small claim

I am about to file a claim to get back the loan I made out over a year ago. What I am interested in knowing is if I can and in what amount can I assign interest on this loan. Even thought interest was never discussed I also didn't expect to wait so long to be paid back. Please help!


Asked on 10/29/02, 3:12 pm

1 Answer from Attorneys
Ranji Garrett Law Office of Ranji M. Garrett

Re: Interest on small claim

In the absence of an express contract, under the D.C. Code, the interest on a loan is six percent a year.

If you would like to consult with someone regarding the process and procedure of handling a small claim, feel free to give me a call to make an appointment. 301-296-4474.

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Answered on 10/29/02, 3:33 pm


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