Who is a co-applicant? A co-applicant refers to a person who applies along with the borrower for a loan. This is done so that the income of the co-applicant can be used to supplement the borrowerâs income and increase his/her eligibility.
Here are some states' approaches to the question of awarding post-judgment interest: 1  California provides for a fixed interest rate of 10% per annum for postjudgment interest. 2  North Carolina applies a statutory rate of 8%.
2011 Act 69 changed the interest rates applicable to judgments applicable to civil actions under. Wisconsin Statutes 807.01(4), 814.04(4), and 815.05(8). This act set the rate of interest under these. statutes at 1% plus the prime interest rate in effect on January 1 and July 1 of each year, as reported in.