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SNEED v. BENEFICIAL FINANCE CO. OF HAWAII

Civ. No. 75-0197.

410 F.Supp. 1135 (1976)

Steven R. SNEED and Donna H. Sneed, Plaintiffs, v. BENEFICIAL FINANCE COMPANY OF HAWAII, Defendant.

United States District Court, D. Hawaii.

February 5, 1976.

Attorney(s) appearing for the Case

Steven Guttman, Honolulu, Hawaii, for plaintiffs.

Denis C. H. Leong, Damon, Shigekane, Key & Char, Jeffrey S. Portnoy, Cades Schutte Fleming & Wright, Honolulu, Hawaii, for defendant.

MEMORANDUM DECISION AND ORDER ON MOTION FOR SUMMARY JUDGMENT

DICK YIN WONG, District Judge.

Statement of the Case:

Plaintiffs Steven and Donna Sneed allege that they obtained a loan for $1,350 from Beneficial Finance Company of Hawaii. In exchange for the loan, the Sneeds state they agreed to pay a finance charge of $367.88 and U.C.C. filing fees of $2.00. They also paid life insurance premiums of $25.73 and "Household Cont. Insurance" premiums...

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