Mirabal v. General Motors Acceptance Corp.
Court of Appeals for the Seventh Circuit
1Opinion of the Court
SPRECHER, Circuit Judge.
This appeal primarily concerns interpretations of certain provisions of the Truth in Lending Act, 15 U.S.C. § 1601 et seq., and regulations promulgated thereunder by the *874Federal Reserve Board, 12 C.F.R. § 226.1 et seq. (Regulation Z).
I
The plaintiffs in this action, John and Sharon Mirabal, bought a new 1971 Buick Skylark from one of the defendants, Ed Murphy Buick-Opel, Inc., in July of 1971. The cash price for the car including service, accessories and taxes totalled $4,497.65. The Mirabais financed their purchase through General Motors Acceptance Corporation (GMAC),…
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