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Civil Practice — Judgments – Default Judgment Renewal – Underlying Interest Rate (access required)

In this action to renew a 2010 default judgment against her, defendant argues that the 23.99-percent interest rate charged on her debt between 2008 and 2010 violates G.S. § 24-1. However, usury is an affirmative defense and must be pleaded. Defendant did not attack the 23.99-percent interest rate prior to entry of the 2010 default ...

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