Garrett v. Coast & Southern Federal Savings & Loan Ass'n

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• invalidating a late fee provision and noting that “[t]he lender’s charges could be fairly measured by the period of time the money was wrongfully withheld plus the administrative costs reasonably related to collecting and accounting for a late payment”
• discussing Thompson v. Gorner, 104 Cal. 168, 37 P. 900 (1894)
• discussing Thompson v. Gorner, 104 Cal. 168, 37 P. 900 (1894)
• late charges invalid unless reasonably related to actual damages
• 2% of unpaid loan balance

Source: CourtListener parenthetical corpus (CC0).