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United States Seventh Circuit


JORDAN v. TOYOTA MOTOR CREDIT CORP., 00-2327

An auto lease's reference to the "constant-yield method" of calculating an early termination charge is not too abstruse to be "clear," under the Truth In Lending Act, unless a better explanation is available and lessor intentionally tried to obfuscate the concept.

Appellate Information

  • Argued 11/27/2000
  • Decided 01/09/2001
  • Published 01/09/2001

Judges

  • EASTERBROOK, Circuit Judge., Before BAUER, POSNER, and EASTERBROOK, Circuit Judges.

Court

  • United States Seventh Circuit

Counsel

  • For Appellant:
  • Christopher V. Langone, argued, Chicago, IL, for plaintiff-appellant.

  • For Appellees:
  • Thomas Crisham, argued, Jean M. Prendergast, Quinlan & Crisham, Chicago, IL, for defendant-appellee.
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