Truth in Lending: 13.7.1.2.3 Seventh Circuit requires early termination as precondition to challenging reasonableness of charge
The Seventh Circuit finds that it is premature to determine the reasonableness of an early termination formula until the lease is terminated early.583 The CLA requires charges to be reasonable in light of anticipated or actual harm.584 Because it is impossible (according the Seventh Circuit) to tell ahead of an actual early termination whether the charges are unreasonable compared to actual harm, any challenge to the lease provision is premature.