Monroe Loan Soc. of Pa. v. Morello

Opinion by

Reno, J.,

This is an appeal from the refusal of the court below to strike off a judgment entered upon a confession contained in a note executed June 10, 1931, by defendant, and delivered to appellee’s assignor, both small loans licensees. The judgment covered the unpaid principal and interest calculated in accordance with terms of the note and the statute to which reference will be made. The note contained a warrant to enter judgment “for the above sum . . . with 15% added for collection fees.” No collection fees were claimed, and none included in the amount of the judgment.…