Which rate is the judgment rate of interest?

Which rate is the judgment rate of interest?

• A. 6%
• B. 8%
• C. 12%
• D. 18%

Answer: (B)

The rate being tested is the rate used to accrue interest on money judgments in civil cases. In Colorado, post-judgment interest is set by statute and runs from the date the judgment is entered until it’s paid, at eight percent per year. This fixed rate provides a predictable baseline for the interest owed on a monetary judgment, regardless of any contract terms that might exist for other kinds of lending. So eight percent is the correct judgment rate because it is the statutory rate applied to money judgments in Colorado.

The rate being tested is the rate used to accrue interest on money judgments in civil cases. In Colorado, post-judgment interest is set by statute and runs from the date the judgment is entered until it’s paid, at eight percent per year. This fixed rate provides a predictable baseline for the interest owed on a monetary judgment, regardless of any contract terms that might exist for other kinds of lending. So eight percent is the correct judgment rate because it is the statutory rate applied to money judgments in Colorado.