Jeanne C. Lemelledo v. Beneficial…

Summary

The Supreme Court of New Jersey affirmed the Appellate Division's reinstatement of the plaintiff's claim under the New Jersey Consumer Fraud Act, holding that the CFA applies to the practice of loan packing. The Court reasoned that the statute's broad language encompasses both lending and the sale of credit‑insurance, and that the existence of other regulatory schemes does not create a conflict sufficient to exempt the practice from CFA liability.