CHANDLER v. UNITED STATES GENERAL FINANCE, INC. CHOICE STANDARD OF REVIEW
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 June 1, 1998. After the Chandlers made some repayments, AGFI started bombarding these with possibilities to borrow additional money. They finally succumbed, on 15, 1999 september.
Within their lawsuit, the Chandlers claim these people were victims of a bait-and-switch scheme. This is certainly, AGFI led them to trust they’d be obtaining a brand new loan but meant and then refinance their current loan. Refinancing, they do say, happens to be more costly than taking right out a new loan.
The Chandlers brought this consumer course action beneath the Illinois customer Fraud and Deceptive Business methods Act (customer Fraud Act) ( 815 ILCS 505/1 et seq. (West 1998)) together with Illinois customer Installment Loan Act (Consumer Loan Act) ( 205 ILCS 670/18 (West 1998)).
AGFI filed a movement to dismiss, contending: (1) the Chandlers did not state a reason of action beneath the customer Fraud Act; (2) the Chandlers did not state a reason of action beneath the Consumer Loan Act; and (3) AGFI’s conduct complied with all the demands regarding the federal Truth in Lending Act (TILA) ( 15 U.S.C. В§ 1601 seq. this is certainly et, thus governing out of the Chandlers’ state legislation claims.
The test court dismissed the 2nd amended grievance without viewpoint. On appeal, the Chandlers contend the trial court erred in dismissing their second amended problem.