Legal interest rates for the 2nd half of 2021: what developments?

These rates are updated every six months.

The statutory interest rate corresponds to a sum of money due to a creditor in the event of late payment, in particular in banking matters, over-indebtedness, credit, divorce or between professionals.

To calculate this amount, the amount due must be multiplied by the number of days late and by the applicable statutory interest rate over the period. The result is divided by 100 times the number of days in the year, which corresponds to the following formula: (sum due) x days late x statutory interest rate) / (365 x 100).