Associates Inv. Co. v. Sosa

I do not concur in the opinion of the majority. The promissory note in the sum of $1,737.60, payable to Dave’s Used Cars in twenty-four monthly installments of $72.40 each, signed by David Sosa, Jr., when construed in connection with the conditional sales contract attached to it, does not show on its face to be a usurious note. The note on its face was a promissory note in the usual form, and only provided for interest after maturity. The sales contract plainly provided that Sosa was purohasing from Dave’s Used Cars (a regular used car dealer) a Chevrolet Sedan, for the Time Selling Price of…