BROWN v. ASSOC. FIN. SERVICES CORP.

70058.

175 Ga. App. 553 (1985)

333 S.E.2d 888

BROWN v. ASSOCIATES FINANCIAL SERVICES CORPORATION.

Court of Appeals of Georgia.

Rehearing Denied July 30, 1985.


Attorney(s) appearing for the Case

W. E. Lockette, Johnnie M. Graham, Phyllis Holmen, Paul Kauffman, John L. Cromartie, Jr., for appellant.

T. Lee Bishop, Jr., for appellee.


SOGNIER, Judge.

Associates Financial Services Corporation (Associates) filed a writ of possession on Clifford Brown's automobile alleging that Brown was in default and that Associates had accelerated the entire balance of $1,790.25. Brown answered and counterclaimed denying the default and alleging that the contract violated the Industrial Loan Act by contracting for and charging unlawful amounts. Brown sought a statutory penalty of $2,308.28 for the violation against...

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