Sneed v. Beneficial Finance Co. of Hawaii
District Court, D. Hawaii
1Opinion of the Court
MEMORANDUM DECISION AND ORDER ON MOTION FOR SUMMARY JUDGMENT
DICK YIN WONG, District Judge.
Statement of the Case:
Plaintiffs Steven and Donna Sneed allege that they obtained a loan for $1,350 from Beneficial Finance Company of Hawaii. In exchange for the loan, the Sneeds state they agreed to pay a finance charge of $367.88 and U.C.C. filing fees of $2.00. They also paid life insurance premiums of $25.73 and “Household Cont. Insurance” premiums of $51.47. Each of these items was discounted from the Sneeds’ original loan with the result that they, in effect, were loaned $911.30 in actual cash.
In…
2Cases cited13 opinions
- Mourning v. Family Publications Service, Inc.Supreme Court of the United States · 1973
- Ratner v. Chemical Bank New York Trust CompanyDistrict Court, S.D. New York · 1971
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- Austin C. Palmer and Helen M. Palmer, Husband and Wife v. Gladys S. WilsonCourt of Appeals for the Ninth Circuit · 1974
- Norlinda D. Philbeck v. Timmers Chevrolet, Inc. And General Motors Acceptance Corporation,defendants-AppellantsCourt of Appeals for the Fifth Circuit · 1974
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- Jones v. Allied Loans, Inc.District Court, D. South Carolina · 1977
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