Legal Opinion
McDonald v. G. A. C. Finance Corp.
Court of Appeals of Georgia
Decided March 9, 1967No. 42613PublishedCited by 18 opinions
1Opinion of the Court
Eberhardt, Judge.
There is no merit in the contention that under Harris v. Usry, 77 Ga. 426, the foreclosure is fatally defective because the principal and interest are not set out separately. The plaintiff’s affidavit sets forth $548.58 principal, $199.18 interest to date of the affidavit, $157.44 insurance fees, and future interest at the rate of 8°/o per annum.
Defendants contend that the loan is usurious even if made under and by virtue of the Georgia Industrial Loan Act. The thrust of the argument seems to be that Robbins v. Welfare Finance Corp., 95 Ga. App. 90 (96 SE2d 892) should not be…
2Cases cited6 opinions
- Robbins v. Welfare Finance Corp.Court of Appeals of Georgia · 1957
- Robinson v. Colonial Discount Co.Court of Appeals of Georgia · 1962
- Loganville Banking Co. v. ForresterSupreme Court of Georgia · 1915
- Haire v. Allied Finance CompanyCourt of Appeals of Georgia · 1959
- Harris v. UsrySupreme Court of Georgia · 1886
1 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- Lewis v. Termplan, Inc.Court of Appeals of Georgia · 1971
- Consolidated Credit Corp. of Athens, Inc. v. PeppersCourt of Appeals of Georgia · 1977
- Financeamerica Corp. v. DrakeCourt of Appeals of Georgia · 1980
- Jones v. Community Loan & Investment Corp.Court of Appeals for the Fifth Circuit · 1976
- Roberts v. Allied Finance Co.Court of Appeals of Georgia · 1973
13 more not listed; retrieve them via the Exa API.