GARRETT v. G. A. C. FINANCE CORPORATION

47911.

129 Ga. App. 96 (1973)

198 S.E.2d 717

GARRETT v. G. A. C. FINANCE CORPORATION.

Court of Appeals of Georgia.

Decided April 20, 1973.

Rehearing Denied May 15, 1973.


Attorney(s) appearing for the Case

David A. Webster, for appellant.

Lucian Lamar Sneed, for appellee.


BELL, Chief Judge.

Plaintiff, a licensee under the Industrial Loan Act (Code Ann. § 25-301 et seq.) brought suit on an installment note for balance due in the amount of $722.75 principal plus attorney fees. The note provided for 18 monthly installment payments of $46 per month for a total of $828. In the ninth month of the contract the plaintiff, in accordance with provisions of the note, accelerated the entire unpaid balance because of defendants' default in...

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