JUSTICE WOLFSON delivered the opinion for the court:
Keturah D. Chandler and Robert A. Chandler (the Chandlers) lent funds from United states General Finance, Inc. (AGFI), on 1, 1998 june. After the Chandlers made some payments, AGFI began bombarding these with possibilities to borrow more income. They finally succumbed, on September 15, 1999.
Inside their lawsuit, the Chandlers claim they certainly were victims of a bait-and-switch scheme. This is certainly, AGFI led them to trust they might be getting a brand new loan but meant simply to refinance their current loan. Refinancing, they do say, happens to be more costly than taking out fully a loan that is new.
The Chandlers brought this customer course action beneath the Illinois customer Fraud and Deceptive Business techniques Act (Consumer Fraud Act) ( 815 ILCS 505/1 et seq. (West 1998)) as well as the Illinois customer Installment Loan Act (Consumer Loan Act) ( 205 ILCS 670/18 (West 1998)).
AGFI filed a movement to dismiss, contending: (1) the Chandlers didn’t state a factor in action beneath the customer Fraud Act; (2) the Chandlers did not state an underlying cause of action beneath the Consumer Loan Act; and (3) AGFI’s conduct complied using the demands for the federal Truth in Lending Act (TILA) ( 15 U.S.C. (بیشتر…)