Barry Service Agency Co. v. Manning

ELLIS, Judge.

This is a case of first impression involving § 408.500, RSMo Supp.1993, 1 a statute regulating the interest rates and fees charged by Missouri lenders exclusively engaged in the business of making unsecured loans under $500 (hereafter referred to as “section 500 loans”). Appellants, who are eight registered section 500 lenders, 2 challenge a final judgment of the Circuit Court of Cole County denying them injunctive and declaratory relief from a state agency decision rendered without a hearing or other form of administrative review. Respondent (hereafter referred to as “the…