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UNIVERSAL C. I. T. CREDIT CO. v. RONE

No. 5-5224.

453 S.W.2d 37 (1970)

UNIVERSAL C. I. T. CREDIT CO., Appellant, v. Allen RONE and Thelma Rone, Appellees.

Supreme Court of Arkansas.

May 4, 1970.

Attorney(s) appearing for the Case

N. M. Norton, Forrest City, for appellant.

Allen Rone and Thelma Rone, pro se.

FOGLEMAN, Justice.

Appellant, Universal C. I. T. Credit Company, instituted this action for deficiency judgment against Allen and Thelma Rone, appellees. According to appellant, its original loan to appellees was $1,332 including interest and insurance premiums. The obligation was payable in 18 installments of $74 each, due the twenty-second of each month. The security was a 1957 Ford pickup truck and a 1956 Cadillac sedan. The first two installments, due May 22,...

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