McGraw v. Loyola Ford, Inc.

HOLLANDER, Judge.

James Henry McGraw, appellant, instituted suit in the Circuit Court for Baltimore City against Loyola Ford, Inc. (hereinafter, the “dealer” or “Loyola Ford”), appellee, and Chrysler Credit Corporation (“Chrysler Credit”). 1 The claims arose from appellant’s purchase in December 1994 of a 1994 Ford Thunderbird, and his subsequent trade of that vehicle, in May 1995, for a 1995 Ford Taurus SHO. In particular, appellant alleged claims for usury, in violation of Maryland’s Retail Installment Sales Act (hereinafter, the “RISA”), Md.Code (1975, 1990 Repl.Vol., 1994 Cum.Supp.), §§…