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.