Simpson v. C.J.V. Construction & Consulting, Inc.

ALMON, Justice.

Harland D. Simpson and Leigh Ann Young (“the homeowners”) appeal from a judgment of the Dale Circuit Court holding that C.J.V. Construction & Consulting, Inc. (“C.J.V.”), was not a “creditor” as that term is defined in the language of the Truth-in-Lending Aet, 15 U.S.C. § 1601 et seq. The only issue on *364appeal is whether C.J.V. does meet that definition and is, therefore, a creditor for purposes of the application of the Truth-in-Lending Act.

The homeowners, a married couple, hired C.J.V. to remodel their personal residence. C.J.V. typically conducts its business by submitting a…