BELL v. BAILEY

No. 93-2305.

639 So.2d 1063 (1994)

Hilda BELL, Appellant, v. Herbert BAILEY and Clarice Bailey, Appellees.

District Court of Appeal of Florida, Third District.

July 12, 1994.


Attorney(s) appearing for the Case

Oscar Syger, Miami, for appellant.

No appearance for appellees.

Before HUBBART, BASKIN and GODERICH, JJ.


PER CURIAM.

This is an appeal by the plaintiff Hilda Bell from an adverse final summary judgment in an action to collect on a $16,784.17 loan. The trial court concluded that the loan carried a criminally usurious rate of interest (64.3%) and therefore was unenforceable under Section 687.071(7), Florida Statutes (1987). We reverse.

It is undisputed that the defendants were required by the oral loan agreement to repay the loan within thirty (30) days after the...

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