Docket No. 102645.

176 Mich. App. 262 (1989)

439 N.W.2d 350


Michigan Court of Appeals.

Decided April 3, 1989.

Attorney(s) appearing for the Case

Doyle & Ladd, P.C. (by Thomas A. Ladd), for plaintiffs.

Hansley, Neiman, Peterson & Beauchamp, P.C. (by Russell W. Hall), for defendants.

Before: GRIBBS, P.J., and CYNAR and J.T. KALLMAN, JJ.


Plaintiffs appeal by leave granted the order of the Menominee Circuit Court denying plaintiffs' motion for summary disposition on their usury claim.

On July 7, 1978, plaintiffs executed a retail installment sales contract with Miles Homes for building materials and plans to construct a residential home. The cash price listed on the installment contract was $21,041 and the finance charge was...

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