Sec. 102. When the parties do not agree on the rate, interest on loans or forbearances of money, goods or things in action shall be at the rate of eight percent (8%) per annum until payment of judgment. Formerly: Acts 1974, P.L.115, SEC.2.
Rate in absence of agreement
Ind. Code § 24-4.6-1-102, under Interest Limits and Application of Other Laws.
Ind. Code § 24-4.6-1-102