Case Name: VIRDIN'S ADMINISTRATOR v. POLK'S ADMINISTRATOR
Court: Delaware Supreme Court
Jurisdiction: Delaware
Decision Date: 1797-10
Citations: 1 Del. Cas. 444
Docket Number: 
Parties: VIRDIN’S ADMINISTRATOR v. POLK’S ADMINISTRATOR.
Judges: 
Reporter: Delaware Cases
Volume: 1
Pages: 444–445

Head Matter:
VIRDIN’S ADMINISTRATOR v. POLK’S ADMINISTRATOR.
Supreme Court. Sussex.
October, 1797.
Bayard’s Notebook, 204.
Bayard for plaintiff. Wilson for defendant.
This case is also reported in Wilson’s Red Book, 141.

Opinion:
Per Curiam.
We have never had any doubt of the right of a creditor to apply any money paid to him to the payment of the interest due at the time, whether the year be expired or not. A creditor is not bound to receive a partial payment. If he does, it is a favor or accommodation to the debtor, and the creditor must not be put in a worse situation than if the whole debt had been paid. We consider that interest accrues and is due from day to day, and therefore that a creditor has a strict right to pay the interest accrued in the first place, at any time when a payment is made. And we apprehend the case is the same where interest is reserved and payments are made before the principal is due.