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dc.contributor.authorBlauwet, Roger C.en_US
dc.date.accessioned2013-02-12T22:11:30Z
dc.date.available2013-02-12T22:11:30Z
dc.date.issued1974en_US
dc.identifier.citation7 Creighton L. Rev. 419 (1973-1974)en_US
dc.identifier.urihttp://hdl.handle.net/10504/38773
dc.description.abstractINTRODUCTION|Since 1965 Younker Brothers, Inc., has operated a revolving credit plan under which customers are allowed to charge items which they purchased. Customers not paying the full price of the goods charged within thirty days of billing are assessed a one and one-half percent per month finance charge on the unpaid balance. Richard Turner, in his capacity as Attorney General of Iowa, and also in his individual capacity, brought an action against Younkers alleging this credit plan violated the Iowa usury statute. Turner contended that the 1/2 percent per month finance charge resulted in interest payments computed at eighteen percent per year - usurious and illegal under sections 535.4 and 535.2 of the Iowa Code which allow an interest ceiling of nine percent...en_US
dc.publisherCreighton University School of Lawen_US
dc.titleUsury - Consumer Credit - Revolving Charge Accounts Fall under the Iowa Usury Laws - State ex rel. Turner v. Younker Brothers, 210 N.W.2d 550 (Iowa 1973)en_US
dc.typeJournal Articleen_US
dc.rights.holderCreighton Universityen_US
dc.description.volume7en_US
dc.publisher.locationOmaha, Nebraskaen_US
dc.title.workCreighton Law Reviewen_US
dc.description.note1973-1974en_US
dc.description.pages419en_US


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