Lemelledo v. Beneficial Management Corp. of America

Supreme Court of New Jersey · Decided 1997-07-03

Cited by 165 later decision(s) in our corpus · see the citation network in Lexace

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The opinion of the Court was delivered by HANDLER, J. “Loan packing” refers to a practice on the part of commercial lenders that involves increasing the principal amount of a loan by combining the loan with loan-related services, such as credit *260 insurance, that the borro…

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