New York Consumer-Debt post-judgment interest rate
United States The reduced New York branch for covered consumer debt against natural persons.
Statutory branches
2026 New York Consumer-Debt post-judgment interest at a glance
- Headline branch
- 2% per year (branch shown)
- Effective date
- April 30, 2022
- Controlling authority
- CPLR 5003 and 5004(a)–(c)
- Rate basis
- Statutory branches
- Source checked
- August 21, 2026
- Recorded history
- 2 data points
Beginning April 30, 2022, CPLR 5004 applies 2% per year in an action arising out of consumer debt when the defendant is a natural person. Consumer debt turns on whether the transaction’s money, property, insurance, or services were primarily personal, family, or household. The rate also applies prospectively to unpaid portions of covered judgments entered earlier; it does not refund or reallocate amounts paid before the change.
How New York Consumer-Debt post-judgment interest works
Which rate applies
Both statutory conditions matter: the action must arise from consumer debt as CPLR 5004(b) defines it, and the defendant must be a natural person. Classification is transaction- and fact-specific; this page does not assume every credit, rent, medical, or household dispute qualifies. Another specific statute or legal branch can require separate analysis.
When interest accrues
For a covered money judgment, CPLR 5003 supplies the entry-or-docketing post-judgment trigger. Official New York decisions have also applied the 2% branch to prejudgment interest in covered consumer-debt actions, but entitlement and the dates supplied by CPLR 5001 and 5002 must be resolved from the claim and record.
Compounding and rate lock
The CPLR framework provides simple rather than compound interest. The 2022 law does not refund interest accrued or paid before April 30, 2022, disturb satisfied judgments, or reallocate earlier payments. Consumer classification, payment allocation, tolling, and other-law interactions remain too fact-specific for a released calculator.
Official history coverage
The recorded series shows the 9% general rate from June 15, 1981, followed by the special 2% branch on April 30, 2022. On that transition date, 2% began applying prospectively to the unpaid portion of an older covered judgment; earlier accrued or paid interest remained undisturbed.
→ Calculate interest at this rate
Effective-date history
| Effective date | Rate | Basis |
|---|---|---|
| April 30, 2022 | 2% | Statute |
| June 15, 1981 | 9% | Published |
Use this recorded history
2 source-backed periods are released from 1981-06-15 through 2026-08-21. For this series, the date input means interest-accrual date. Only the covered consumer-debt branch against a natural person. Claim classification, defendant type, and other statutes must be confirmed.
Source & provenance
Observation recorded August 21, 2026 (00:00 UTC) from the cited source (New York State Senate (official statute and enacted bill text)):
https://www.nysenate.gov/legislation/laws/CVP/5004
Cite this page
StatuteRates. “New York Consumer-Debt Judgment Interest Rate.” StatuteRates.com. Accessed today. https://statuterates.com/rates/new-york-consumer-debt-judgment-rate/ Rate recorded under CPLR 5003 and 5004(a)–(c), effective April 30, 2022.