Michael T. Goldman and Judith R. Goldman v. First Federal Savings and Loan Association of Wilmette

How courts have described this case

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

• That a cost is imposed on the borrower at the time the loan is prepaid does not render the cost a penalty; a charge is a prepayment penalty only if the cost “would not be imposed if the note were paid at maturity instead of an earlier date.”

Source: CourtListener parenthetical corpus (CC0).