Legal Opinion
Jones v. Community Loan & Investment Corp.
Court of Appeals for the Fifth Circuit
Decided January 30, 1976No. Nos. 74-3586, 74-3975, 74-4183PublishedCited by 13 opinions
1Opinion of the Court
CLARK, Circuit Judge:
The appeals in these consolidated Regulation Z Truth-in-Lending cases turn on whether the statutory loan fees imposed pursuant to Georgia law were required to be disclosed as “prepaid finance charges.” To resolve the issue we must harmonize the federal statutory scheme, its implementing regulations and the applicable Georgia statutes. Because these loan fees were fully earned at the time the loans were made, Regulation Z required that they be disclosed as “prepaid” to meaningfully inform the borrower of the prepaid nature of such fees. This is true despite the fact that…
2Cases cited8 opinions
- Robbins v. Welfare Finance Corp.Court of Appeals of Georgia · 1957
- Robinson v. Colonial Discount Co.Court of Appeals of Georgia · 1962
- McDonald v. G. A. C. Finance Corp.Court of Appeals of Georgia · 1967
- Haire v. Allied Finance CompanyCourt of Appeals of Georgia · 1959
- Slatter v. Aetna Finance CompanyDistrict Court, N.D. Georgia · 1974
3 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- Melvin McGowan Cross-Appellant v. Credit Center of North Jackson, Inc., CrossCourt of Appeals for the Fifth Circuit · 1977
- Burroughs v. Local Acceptance Co.District Court, W.D. North Carolina · 1977
- Houston v. Atlanta Federal Savings & Loan Ass'nDistrict Court, N.D. Georgia · 1976
- Jones v. Community Loan & Investment Corp.Court of Appeals for the Fifth Circuit · 1976
- Ecenrode v. Household Fin. Corp. of South DoverDistrict Court, D. Delaware · 1976
8 more not listed; retrieve them via the Exa API.