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%.
(Please refer to Section 49(1) of the High Court Ordinance, Cap. 4 or Section 50(1) of the District Court Ordinance, Cap. 336 of the Laws of Hong Kong for details.). Interest Rates. The Chief Justice has ordered the rate of interest on judgment debts as follows: