## Georgia interest rules

This source-backed guide covers US-GA interest authority (O.C.G.A. § 7-4-12, § 7-4-2, § 51-12-14). It certifies only the quoted source-backed rules below; related interest categories remain outside this page unless they are expressly listed in the receipt.

## O.C.G.A. § 7-4-12, § 7-4-2, § 51-12-14

US-GA interest controlling authority under O.C.G.A. § 7-4-12, § 7-4-2, § 51-12-14.

> **7-4-12.** ontrols on Bank Credit Cards in Light of Certain Reemerging Common Law Doctrines,” see 9 Ga. St. U.L. Rev. 797 (1993). For article, “An Economic Perspective on Interest Rate Limitations,” see 9 Ga. St. U.L. Rev. 821 (1993). For article, “Regulating Bank Reputation Risk,” see 54 Ga. L. Rev. 523 (2020). RESEARCH REFERENCES Am. Jur. 2d. 10 Am. Jur. 2d, Banks and Financial Institutions, § 595 et seq. C.J.S. 9 C.J.S., Banks and Banking, §§ 650, 661. ALR. Power of banking corporation to loan money for others, 33 A.L.R. 5

## Use the calculator

DocketMath's interest calculator can model interest scenarios once you identify the controlling jurisdiction, amount, rate type, and accrual date. Use the source panel for the verified source-backed rule.

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## Sources

- [7-4-12 — O.C.G.A. § 7-4-12, § 7-4-2, § 51-12-14](https://unicourt.github.io/cic-code-ga/transforms/ga/ocga/r85/gov.ga.ocga.title.07.html#t07c04)

All sources are official primary law published by `unicourt.github.io`.

**Corroboration method:** government_primary_source_direct_fetch.


Judgment Interest Calculator Guide for Georgia: This DocketMath article is under primary-source review; claim-level legal values and citations are unavailable until verification is complete.

Judgment Interest Calculator Guide for Georgia

Receipt-backed May 12, 2026 against REC-2026-05-12-017-georgia-interest-guide. Georgia judgment interest is prime+3% variable per Federal Reserve H.15, fixed at judgment entry. Qualifying tort prejudgment interest under § 51-12-14 begins on the 30th day after statutory written notice.

Interest shall be allowed on any money judgment in a civil case recovered in a district court... Such interest shall be calculated from the date of the entry of the judgment, at a rate equal to the weekly average 1-year constant maturity Treasury yield, as published by the Board of Governors of the Federal Reserve System, for the calendar week preceding the date of the judgment.

Georgia has no state-level statute mandating a specific interest rate on escrowed funds. Federal RESPA (12 U.S.C. § 2609) governs mortgage escrow accounts for federally related mortgage loans.

All judgments in this state shall bear annual interest upon the principal amount recovered at a rate equal to the prime rate as published by the Board of Governors of the Federal Reserve System, as published in statistical release H. 15 or any publication that may supersede it, on the day the judgment is entered plus 3 percent. If the judgment is rendered on a written contract or obligation providing for interest at a specified rate, the judgment shall bear interest at the rate specified in the contract or obligation.

The legal rate of interest shall be 7 percent per annum simple interest where the rate percent is not established by written contract.

All liquidated demands, where by agreement or otherwise the sum to be paid is fixed or certain, bear interest from the time the party shall become liable and bound to pay them; if payable on demand, they shall bear interest from the time of the demand. In case of promissory notes payable on demand, the law presumes a demand instantly and gives interest from date.

Whenever a security deposit is held by a landlord or such landlord's agent on behalf of a tenant, such security deposit shall be deposited in an escrow account established only for that purpose in any bank or lending institution subject to regulation by this state or any agency of the United States government. The security deposit shall be held in trust for the tenant by the landlord or such landlord's agent.

Where a claimant has given written notice by registered or certified mail or statutory overnight delivery to a person against whom claim is made of a demand for an amount of unliquidated damages in a tort action and the person against whom such claim is made fails to pay such amount within 30 days from the mailing or delivering of the notice, the claimant shall be entitled to receive interest on the amount demanded if, upon trial of the case in which the claim is made, the judgment is for an amount not less than the amount demanded. The interest provided for by this Code section shall be at an annual rate equal to the prime rate as published by the Board of Governors of the Federal Reserve System, as published in statistical release H. 15 or any publication that may supersede it, on the thirtieth day following the date of the mailing of the last written notice plus 3 percent, and shall begin to run from the thirtieth day following the date of the mailing or delivering of the written notice until the date of judgment.

O.C.G.A. § 7-4-2(a)(1)(A): The legal rate of interest shall be 7 percent per annum simple interest where the rate percent is not established by written contract. O.C.G.A. § 7-4-12(a): All judgments in this state shall bear annual interest upon the principal amount recovered at a rate equal to the prime rate as published by the Board of Governors of the Federal Reserve System, as published in statistical release H. 15 or any publication that may supersede it, on the day the judgment is entered plus 3 percent.

interest in US-GA is governed by O.C.G.A. § 7-4-12, § 7-4-2, § 51-12-14.

Georgia judgment interest is generally Federal Reserve prime rate on the judgment-entry day plus 3 percent, unless a written contract or obligation specifies the rate. Georgia's default legal rate is 7 percent simple interest where no written contract establishes a rate. Liquidated demands accrue interest when liability/demand rules in O.C.G.A. § 7-4-15 are met, and qualifying unliquidated tort demands may accrue prejudgment interest under O.C.G.A. § 51-12-14.