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AETNA FINANCE CO. v. DARWIN

No. 6453-7-II.

38 Wn. App. 921 (1984)

691 P.2d 581

AETNA FINANCE COMPANY, Respondent, v. RUTH DARWIN, Appellant.

The Court of Appeals of Washington, Division Two.

November 20, 1984.

Attorney(s) appearing for the Case

Robert L. Beale, for appellant.

John Woodbery, for respondent.

REED, J.

Ruth Ragsdale (formerly and herein referred to as Ruth Darwin) appeals from a judgment of $42,439.56 in favor of Aetna Finance Co. (Aetna). Aetna loaned $51,000 to Jerald and Ruth Darwin on December 4, 1979. The Darwins requested a loan to purchase a commercial truck and trailer costing $39,500. At the time of the loan transaction, RCW 19.52.020 limited the interest rate on loans to 12 percent.1 Loan transactions that exceed ...

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