John T. Atkinson, Jr., Marie Atkinson, Homer L. Ogden v. General Electric Credit Corp.

On October 12, 1982, John and Marie Atkinson, the appellants, entered into a retail installment contract to purchase a new mobile home from Herli Homes, Inc. in Augusta, Georgia. The contract was written on a form provided by General Electric Credit Corp. (GECC), the appellee, and was subsequently assigned by Herli Homes to GECC. The contract provided for finance charges at a rate exceeding that allowed by the Georgia Motor Vehicle Sales Finance Act. Ga.Code Ann. § 10-1-33 (1982). The charges were, however, within the rate allowed under the Depository Institutions Deregulation and Monetary…