Cost Of Delay in North Carolina

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Published July 14, 2026 • By DocketMath Team

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Quoted from the source law itself. Not legal advice; confirm how it applies to your matter.

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North Carolina cost-of-delay: interest rate is 8; interest is The cost of borrowing money, typically expressed as a percentage of the principal amount..

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Authority and key facts

Citation: N.C. Gen. Stat. § 24-1

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Interest Rate: 8
Interest: The cost of borrowing money, typically expressed as a percentage of the principal amount.
Max Contract Rate: 18

This article is for informational purposes only and does not constitute legal advice. Laws change frequently — verify all citations with current official sources.

This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.

Cost Of Delay in North Carolina

Under North Carolina law, the statutory rate for post-judgment interest on a money judgment is 8% per year, as set by N.C. Gen. Stat. § 24-1. This rate applies automatically from the date the judgment is entered until it is fully paid. The statute does not set a single rate for pre-judgment interest in all cases; instead, it provides the legal framework for calculating interest on judgments. For a precise result, the interest is computed on the principal amount of the judgment using the 8% annual rate, compounded as specified by the statute. Because individual case details and applicable exceptions vary, the official source linked above contains the exact statutory language. Use the DocketMath calculator to estimate the interest owed in your specific situation.

Governing authority

In North Carolina, the cost of delay rule is set by N.C. Gen. Stat. § 24-1. The verified packet cites N.C. Gen. Stat. § 24-1 (https://www.ncleg.gov/enactedlegislation/statutes/html/bysection/chapter_24/gs_24-1.html).

North Carolina cost of delay: the verified value is 8% under N.C. Gen. Stat. § 24-1. The verified packet cites N.C. Gen. Stat. § 24-1 (https://www.ncleg.gov/enactedlegislation/statutes/html/bysection/chapter_24/gs_24-1.html).

Estimate your own result: every situation has exceptions that can change the outcome. Use the cost of delay calculator to estimate your specific figure.

This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.

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