Unity Plan Finance Co. v. Green

I believe that the acceleration clause, when it results in a charge against the borrower in excess of 42 per cent., cannot be distinguished from a provision for attorney's fees. In my opinion, the utmost limit that can be charged a borrower under the Small Loan Act is 42 per cent. per year, regardless of what form the exaction may take, or what name may be given it.

I therefore concur in the decree.

*Page 87