TCT Federal Credit Union v. New Country Dodge, Inc.

Appeals (1) from an order of the Supreme Court (Ferradino, J.), entered October 13, 1995 in Saratoga County, which, inter alia, granted plaintiff’s motion for summary judgment, (2) from an amended judgment entered thereon, and (3) from an order of said court, entered May 29, 1996 in Saratoga County, which, inter alia, denied defendant’s request to reduce the judgment.

In June 1992, plaintiff, a credit union, agreed to loan $17,510 to Cheryl McElhiney and Stephen McElhiney so they could purchase a 1992 Dodge Dakota automobile from defendant, a car dealership. In exchange for this loan, the…