Lee v. Hillman

Citations

• 74 Wash. 408
• 133 P. 583
• 1913 Wash. LEXIS 2069

Syllabus

<p>Usury — Remedies of Borrower — Recovery of Usury Paid. The common law right to recover usurious interest paid in excess of the rate allowed by law is not abrogated by our usury laws, Rem. & Bal. Code, §§ 6251, 6255, prohibiting the taking of interest in excess of twelve per cent per annum, and providing that if a greater rate of interest be contracted for, the contract shall not be void, but in any action on the contract the plaintiff shall recover only the principal less twice the amount of interest paid, and less the amount of all accrued and unpaid interest.</p>