Hilda Dryden v. Lou Budke's Arrow Finance Company

How courts have described this case

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

• holding that an unenforceable transaction was an extension of credit
• explaining that claimants “need not show that they sustained actual damages stemming from the [Truth in Lending Act] violations proved before they may recover the statutory damages the Act also provides for”
• “The statutory damages are explicitly a bonus to the successful TILA plaintiff, designed to encourage private enforcement of the Act, and a penalty against the defendant, designed to deter future violations.”

Source: CourtListener parenthetical corpus (CC0).