Legal Opinion
George v. General Finance Corp. of Louisiana
District Court, E.D. Louisiana
Decided April 27, 1976No. Civ. A. 75-2548PublishedCited by 16 opinions
1Opinion of the Court
ALVIN B. RUBIN, District Judge:
The regulations 1 adopted by the Federal Reserve Board pursuant to authority of the Truth in Lending Act 2 require that the cost of credit, or, in the words of the regulations, the “finance charge” be clearly disclosed and that its component charges be identified. However, certain charges, specified in the regulations, which actually contribute to the cost of credit, are exempted from that requirement:(b) Itemized charges excludable. If itemized and disclosed to the customer, any charges of the following types need not be included in the finance charge:(1) Fees…
2Cited by16 opinions
- Michael Shroder v. Suburban Coastal CorporationCourt of Appeals for the Eleventh Circuit · 1984
- Brown v. Credithrift of America Consumer Discount Co. (In Re Brown)United States Bankruptcy Court, E.D. Pennsylvania · 1989
- Dixey v. Idaho First National BankCourt of Appeals for the Ninth Circuit · 1982
- Williams v. Bill Watson Ford, Inc.District Court, E.D. Louisiana · 1976
- Rosie Watts and Robert L. Watts v. Key Dodge Sales, Inc.Court of Appeals for the Fifth Circuit · 1983
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