All Purpose Finance Corp. v. D'Andrea

Opinion by

Mr. Justice O’Brien,

On April 25, 1965, appellee caused judgments to be entered against appellants by confession, on a note executed by them. Appellants thereafter filed a petition to open the judgment, alleging that the loan was usurious, and that $3,500 was paid to appellee on account of the obligation, for which credit was not received. A hearing on the petition and rule was held on March 15, 1966, and on May 16, 1966, the court signed an order discharging the rule. This appeal followed.

Appellants executed this judgment note pursuant to a loan agreement, between appellee and…