SANDERS v. LIBERTY LOAN CORP.

59004.

153 Ga. App. 859 (1980)

267 S.E.2d 286

SANDERS et al. v. LIBERTY LOAN CORPORATION.

Court of Appeals of Georgia.

Decided March 12, 1980.


Attorney(s) appearing for the Case

James A. Elkins, Jr., for appellants.

William L. Slaughter, for appellee.


SMITH, Judge.

Appellants borrowed the principal sum of $748.58 from appellee on August 31, 1977, under a loan contract. Appellants now contend the loan contract is in violation of the Georgia Industrial Loan Act (Ga. L. 1955, pp. 431-445; 1978, pp. 1033, 1034 (Code Ann. Chs. 25-3, 25-99)), the Federal Truth-In-Lending Act, 15 USCA § 1601 et seq., and Regulation Z, 12 CFR § 226. Both sides moved for summary judgment. The trial court granted appellee's motion...

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