Late payment liability (art. 625 CCU)

3% p.a. for delay + inflation losses on the debt

Parameters

Debt amount, ₴

Days overdue

Penalty, % p.a.

Inflation over period (CPI p.a.), %

Calculation

Debt100 000,00 ₴

3% p.a. × 180 d+1 479,00 ₴

Inflation losses+4 341,00 ₴

Total claimable105 821,00 ₴

Art. 625 CCU: the debtor pays the debt + inflation losses for the delay period + 3% p.a. on the overdue amount (unless the contract/law sets another rate). Inflation here is entered as an annual CPI; the exact calculation uses monthly State Statistics indices.

About Late-payment penalty (art. 625)

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