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HICKI v. CHOICE CAPITAL CORP.

264 A.D.2d 710 (1999)

694 N.Y.S.2d 750

WIESLAWA HICKI, Also Known as ELIZABETH HICKI, Respondent, v. CHOICE CAPITAL CORP. et al., Appellants.

Appellate Division of the Supreme Court of the State of New York, Second Department.

Decided September 13, 1999.

Ordered that the order is reversed, on the law, with costs, and the motion is denied.

In September 1990 the defendant Choice Capital Corp. (hereinafter Choice), loaned the plaintiff the principal sum of $55,000 for a period of one year at the maximum allowable interest rate of 16% per year (see, Banking Law § 14-a [1]). In addition to making monthly interest payments throughout the one-year term, the plaintiff...

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