Compensatory Rate Of Interest

Compensatory Rate Of Interest

Cs sought statutory interest at the contractual price charged by D (29% every month); the Judge rejected Cs’ first rationale (that this is the price C needed to spend to borrow funds) and stated this method must be limited to commercial instances.

224: Cs’ second argument had been that Cs could have used the surplus funds to settle other HCST loans – there could be more merit to this argument, however it could be better explored regarding the facts of the specific instance. Читать далее «Compensatory Rate Of Interest»