Legal Opinion
Wilson v. Allied Loans, Inc.
District Court, D. South Carolina
Decided March 14, 1978No. Civ. A. 77-803PublishedCited by 4 opinions
1Opinion of the Court
ORDER
CHAPMAN, District Judge.
Since Congress, in all of its wisdom, has determined that federal district courts should preside over consumer complaints against finance companies relating to technicalities in language used in loan documents in which the lofty sum of $100 is at issue, this Court must now proceed to wade through the morass of technical regulations issued by the Federal Reserve Board in an attempt to reach the merits of this case.
Defendant made two installment loans to the plaintiff in which she borrowed $167.24 to be repaid in seven monthly payments of $28. Defendant secured this…
2Cases cited1 opinion
- Ecenrode v. Household Fin. Corp. of South DoverDistrict Court, D. Delaware · 1976
3Cited by4 opinions
- Sanders v. Auto Associates, Inc.District Court, D. South Carolina · 1978
- Dixey v. Idaho First National BankDistrict Court, D. Idaho · 1981
- Dalton v. Bob Neill Pontiac, Inc.District Court, M.D. North Carolina · 1979
- Leverett v. Bishop Furniture Co.District Court, D. South Carolina · 1978