Georgia Code
Title 7 - Banking and Finance
Chapter 4 - Interest and Usury

Article 1 - In General

§ 7-4-1. “Usury” Defined - The term “usury” means reserving and taking or contracting to...

§ 7-4-2. Legal Rate of Interest; Maximum Rate of Interest Generally; Certain Items Not Considered Interest - History. Laws 1822, Cobb’s 1851 Digest, p. 393; Laws 1845,...

§ 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 - may provide for such finance charge as the parties may...

§ 7-4-4. Advertisement of Rates of Interest or Finance Charge - History. Code 1981, § 7-4-4 , enacted by Ga. L....

§ 7-4-5. Failure to Include Federal Loan Act Provisions in Retail Installment Loan; Violating Advertising Restrictions - History. Code 1981, § 7-4-5 , enacted by Ga. L....

§ 7-4-8. Commission to Third Person Does Not Make Lawful Interest Usurious - Except as the application of this Code section is modified...

§ 7-4-9. Back Interest May Be Stipulated in Contract and Recovered - Interest from date, if the debt is not punctually paid...

§ 7-4-10. Usury Forfeits Entire Interest; Right of Setoff; How Forfeiture Discharged; When Time Bars Action or Defense - History. Ga. L. 1875, p. 105, §§ 3, 4; Code...

§ 7-4-11. Usury Is Personal Defense; No Collection From Insolvent to Prejudice of Others - Usury is a personal defense; but a creditor may not...

§ 7-4-12. Interest on Judgments - History. Laws 1845, Cobb’s 1851 Digest, p. 394; Code 1863,...

§ 7-4-12.1. Interest on Arrearage on Child Support; Settlement of Unreimbursed Public Assistance - History. Code 1981, § 7-4-12.1 , enacted by Ga. L....

§ 7-4-13. Law of Place of Contract Governs Interest Unless Otherwise Provided - Every contract shall bear interest according to the law of...

§ 7-4-14. Interest Runs From Default Unless Otherwise Agreed; When Demand Necessary - In the absence of an agreement to the contrary, interest...

§ 7-4-15. When Interest Runs on Liquidated Demands; Promissory Notes Payable on Demand - All liquidated demands, where by agreement or otherwise the sum...

§ 7-4-16. When Interest Runs on Commercial Accounts; Maximum Interest Rate on Commercial Accounts - Unless otherwise provided in writing signed by the obligor, a...

§ 7-4-17. Payment Applied First to Interest; No Interest on Unpaid Interest; Exceptions - When a payment is made upon any debt, it shall...

§ 7-4-18. Criminal Penalty for Excessive Interest - History. Ga. L. 1908, p. 83, §§ 1, 2; Civil...

§ 7-4-19. Civil Action to Enforce Chapter - The Department of Banking and Finance may bring an appropriate...

§ 7-4-20. Election to Forgo Application of Federal Usury Laws - In enacting Code Sections 7-4-2 through 7-4-5, the General Assembly...

§ 7-4-21. Class Action Barred on Claims for Violation of Interest Laws on Loans Secured by Real Estate - A claim of violation on any loan secured by an...