Dorothy Allen v. Beneficial Finance Company of Gary, Inc.

SPRECHER, Circuit Judge.

This appeal primarily concerns whether the disclosure statement made in connection with a consumer credit loan by the defendant finance company presented in “meaningful sequence” the disclosures required by Regulation Z, 12 C.F.R. § 226.1 et seq. and the Truth in Lending Act, 15 U.S.C. § 1601 et seq.

I

On April 2, 1974, the plaintiff Dorothy Allen and her ex-husband Mr. Aurelius J. Allen renegotiated a consumer loan from the defendant, Beneficial Finance Company of Gary, Inc. As a result of the renegotiation, Mr. Allen received a check for $453.09, and both Mr. Allen and…