Lee v. NATIONAL BANK & TRUST COMPANY OF COLUMBUS

Smith, Judge.

Pursuant to a loan agreement, appellee acquired a security interest in appellant’s 1973 Volkswagen. On September 29, 1978, appellee filed a petition for writ of possession. Appellant filed a defense and a counterclaim, alleging that the finance charge on appellant’s loan exceeded the legal limit set forth in Code § 96-1004 (a). Appellant further alleged that the overcharge was wilful. See Code § 96-1008 (c). On the basis of these allegations, appellant prayed that the finance charge be disallowed and that punitive damages be entered under Code § 96-1008 (c). Appellant contends…