Ward v. HUDCO LOAN COMPANY

How courts have described this case

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

• loan at issue qualified for statutory exception to interest cap because the principal amount exceeded $3,000
• “The defense of usury is not, in most instances, a bargained-for element of the agreement. It is, rather, ... a privilege that belongs to the remedy, coming into play only when the borrower seeks to assert it as a defense.”

Source: CourtListener parenthetical corpus (CC0).