Moore v. Household Finance Corp.

Sognier, Judge.

Household Finance Corporation sued A. R. Moore on a loan contract governed by the Georgia Industrial Loan Act (GILA) Code Ann. Chapter 25-3. Moore answered, claiming the contract is void because of a violation of the GILA. Household Finance’s motion for summary judgment was granted by the trial court and Moore appeals.

Appellant contends that the trial court erred in granting appellee’s motion for summary judgment because the loan fee on the note was excessive under the holding in Consolidated Credit Corp. v. Peppers, 144 Ga. App. 401 (240 SE2d 922) (1977), and the contract was…