There is a newer version
of
this Article
2019 Georgia Code
Title 7 - Banking and Finance
Chapter 4 - Interest and Usury
Article 1 - In General
- § 7-4-1. "Usury" defined
- § 7-4-2. Legal rate of interest; maximum rate of interest generally; certain items not considered interest
- § 7-4-3. Finance charge on retail installment contracts for manufactured homes and motor vehicles subject to federal law; stating of federal provisions in contract
- § 7-4-3.1. Maximum interest rate on loans by insured financial institutions
- § 7-4-4. Advertisement of rates of interest or finance charge
- § 7-4-5. Failure to include federal loan act provisions in retail installment loan; violating advertising restrictions
- § 7-4-6. No limit on interest rate payable by profit corporations or persons on nonconsumer loans in excess of $3,000.00
- § 7-4-7. No limit on interest rate on loans of $100,000.00 or more
- § 7-4-8. Commission to third person does not make lawful interest usurious
- § 7-4-9. Back interest may be stipulated in contract and recovered
- § 7-4-10. Usury forfeits entire interest; right of setoff; how forfeiture discharged; when time bars action or defense
- § 7-4-11. Usury is personal defense; no collection from insolvent to prejudice of others
- § 7-4-12. Interest on judgments
- § 7-4-12.1. Interest on arrearage on child support
- § 7-4-13. Law of place of contract governs interest unless otherwise provided
- § 7-4-14. Interest runs from default unless otherwise agreed; when demand necessary
- § 7-4-15. When interest runs on liquidated demands; promissory notes payable on demand
- § 7-4-16. When interest runs on commercial accounts; maximum interest rate on commercial accounts
- § 7-4-17. Payment applied first to interest; no interest on unpaid interest; exceptions
- § 7-4-17.1. Refunds from loans on which interest is calculated under the add-on interest method and which are paid off prior to maturity
- § 7-4-18. Criminal penalty for excessive interest
- § 7-4-19. Civil action to enforce chapter
- § 7-4-20. Election to forgo application of federal usury laws
- § 7-4-21. Class action barred on claims for violation of interest laws on loans secured by real estate
Disclaimer: These codes may not be the most recent version. Georgia may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
