PERRY v. LIBERTY CONSUMER DISCOUNT CO.

Civ. A. No. 76-3705.

433 F.Supp. 1352 (1977)

Louise PERRY, William S. Kilmer, Gloria Kilmer, Ivars Aldins, Lamont Thompson, Florence Thompson, and Barbara Adkins, on behalf of themselves and all others similarly situated v. LIBERTY CONSUMER DISCOUNT COMPANY, Provident National Bank, Homemakers Loan and Consumer Discount Company, Valiant Finance Consumer Discount Company, Associates Consumer Discount Company, on behalf of themselves and all others similarly situated.

United States District Court, E. D. Pennsylvania.

July 20, 1977.


Attorney(s) appearing for the Case

James G. Buckler, Susan J. Cherner, Delaware County Legal Assistance Ass'n, Inc., Darby, Pa., for plaintiffs.

James D. Crawford, Charles W. Boohar, Philadelphia, Pa., for defendant Liberty Consumer Discount Co.

Tyson W. Coughlin, Philadelphia, Pa., for defendant Provident Nat. Bank.

Joseph Glider, Philadelphia, Pa., for defendant Associates Consumer Discount Co.


OPINION

LUONGO, District Judge.

Plaintiffs are four borrowers, each of whom entered into loan contracts with one of the three commercial lending company defendants.1 Count I of plaintiffs' Complaint challenges the defendants' practice of failing to disclose to the borrower that they do not rebate unearned finance charges when, as the result of borrower's default, they accelerate...

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