FIL ED U.S. COURT OF APPEAL S EL EVENTHCI RCUI T OCTOB ER 26, 2010 J OHN L EY CL ERK [DO NOT PUBLISH] IN THE U

NITED STATE S COURT OF APPEALS FOR THE ELE VENTH CIRCUIT

__ __ __ __ __ __ __ __ __ __ __ __ No. 1 0- 10 14 5 Non -Arg um en t Ca le nd ar

__ __ __ __ __ __ __ __ __ __ __ __ D.C. Dock etNo. 8 :0 8- cv -0 23 96 -SCB -TGW LAUREN FRAZIER, ll ll ll ll ll ll ll ll ll l Pl ai nt iff - App el la nt , ve rs us HSBC M ORTGAGE SERVICES, INC., ll ll ll ll ll ll ll ll ll ll l Defen da nt- App el le e.

__ __ __ __ __ __ __ __ __ __ __ __ App eal fro m

th e Uni te d S ta te s Di st ric t Co urt forth e Mi dd le Dis tri ctof F lo rid a

__ __ __ __ __ __ __ __ __ __ __ __ (Oct ob er 2 6, 2 01 0) Befo re HULL andMARCUS , Cir cu itJu dg es , andCOOKE, Dis tri ctJu dg e. *

Honora ble Marc ia G. Cooke, United States District Judge for the Souther n District of * Florida , sitti ngby

designation.PER CURI AM:

Pl ai nt iff Laur enFraz ie r, pr oc eed in g p ro se, app eal s the di st ric t co urt’s o rd er gr an ti ng su m

m ary jud gm en t i n fa vo r of HSBC M ortg ag e Servi ces , Inc . (“ HSBC” ) an d d en y in g p art ia l s umm ary jud gm en t t o P la in ti ff o n h er cl ai m un de r th e Serv ic em em

be rs Civ il Rel ie f Act(“ SCRA” ), 50 U.S.C. app . §§ 50 1- 59 6. Aft er rev ie w, we affi rm . 1 I. BACKG ROUND A. Pro m is so ry Note an d Mo rtg ag e Agr eement On Dec em

be r 13 , 20 05 , Pla in ti ff en te redin to a Hom e Equ ity Lin e o f Cre di t Agr eem en t an d P ro m is so ry Not e (the “ Pro m is so ry

Not e”) wi th Secu redFund in g Co rp or at io n fo r th e am ou ntof $ 42 ,20 0. Pl ai nt iff’s lo anwas an “ in te res t o nl y ” lo an , ob li ga ti ng Pla in ti ff ea chm on th to pa y at l eas t the am ou ntof i nt eres t ac cru ed or$1 00 .00 , whi ch ev er i s g reat er. Pl ai nt iff si m ul ta ne ou sl y

gra nt edSecured Fund in g C or

po rat io n am ortg ag e (the “ Mo rtg ag e Agr eem en t” ) on real pro pe rty sh e own edinNew Port Ri ch ey , Flo rid a. On J anua ry 23 20 06 , Secu redFund in g as si gn edth e Pro m is so ry

Not e an d t he Mo rtg ag e Agr eem en t t o Def en da ntHSBC.

We reviewa district cour t’s grant of summar

y judgme nt de novo. Thomas v. Cooper 1 L ighting , Inc., 506 F .3d 1361, 1363 (11th Cir. 2007). Summary judgme nt is appropriate when the evidenc e, viewe d in the light most favor able to the nonmovingparty , prese nts no ge nuine issue of material fac t and compels judgment as a matter of law . I d. 2Pl ai nt iff’s m on th ly paym en ts were due on th e 2 2n d d ay of e ach m on th . B. Cal l to Acti ve Duty an d Pla in tif f’s Reques t fo r Reduc ed I nter es t Rat e On J ul y 20 , 20 06 , th e Uni te d S ta te s Nav y cal le d P la in ti ff t o a ct iv e dut y fora ti m e p eri odev en tu al ly ext en de d u nt il Sep te m be r 30 , 20 09 . Acco rd in g t o P la in ti ff, on Ju ly 20, 2 00 6, Pl ai nt iff cal le d HSB C, in fo rm edcu st om er s erv ic e o f th e de pl oym en t o rd ers , andask edforass is ta nc e in ad jus ti ng he r m ortg ag e in acco rd an ce wi th th e SCRA. Sect io n 2 07 of t he SCRA p ro hi bi ts a cred it or fro m ch arg in g aservi cem em

be r anin te res t ra te inex ces s o f 6% p er y ear dur in g ape rio d of m il it ary se rv ic e. SCRA § 20 7( a)(1 ), 50 U.S.C. app . § 5 27 (a)( 1) . Acco rd in g t o P la in ti ff, o n J ul y 21 , 20 06 , sh e fax eda co py of h er wri tt en or de rs forth e cal l t o a ct iv e duty to HSBC an d re qu es te d t ha t HSB C reduc e th e in te res t ra te to 6%, b utHSBC fa il edto reduc e th e in te res t ra te to 6%. HSBC d is pu te s the se fact s. Acco rd in g t o HSB C’s co rp or at e rep res en ta ti ve , Dan a St . Cla ir- Hou gh am , HSBC d idno t re cei ve a co py of Pl ai nt iff’s ord ers un ti l Aug us t 3 0, 2 00 6. St . Cla ir- Hou gh am tes ti fie d t ha t i n Au gu stof 2 00 6, af te r Pl ai nt iff’s ord ers were re cei ve d, HSB C ret ro act iv el y reduc edth e in te res t ra te on Pl ai nt iff’s lo anto 6% b eg in ni ng with t he Ju ly 22, 2 00 6 b il li ng cy cl e. The reduc ti on inth e an nu al in te res t ra te to 6% re du cedth e in te res t ch arg edon th e Ju ly 22 , 20 06 st at em en t fr om

$4 63 .04 to $2 08 .11 .

3St . Cla ir- Hou gh am tes ti fie d t ha t b as edon th e p rin ci pa l b al an ce o n Pl ai nt iff’s lo an($4 2,2 00 ), anan nu al pe rcen ta ge rat e o f in te res t o f 6% wo ul d re su lt in a pe r di em

in te res t ch arg e o f $6 .94 . Thu s, dur in g a30 -d ay bi ll in g c y cl e, 2 Pl ai nt iff’s to ta l fi na nc e ch arg es , bas edon a 6% a nn ua l p erce nt ag e rat e o f in te res t, wou ldbe $2 08 .11 or l es s. Ina 31 -d ay bi ll in g c y cl e, Pl ai nt iff’s to ta l fi na nc e ch arg es , bas edon a 6% ann ua l p erce nt ag e rat e o f in te res t, wo ul d b e $ 21 5.0 5 o r le ss . C. Acco unt St at ements fr om Jul y 2 6, 2 00 6 th ro ug h Sept ember 25 , 20 06 The reco rdco nt ai ns th e acc ou ntst at em en ts Pla in ti ff rec ei ve d fr om HSBC da ti ng fro m

Ju ly 27, 2 00 6 t hr ou gh Nov em be r 26 , 20 08 . The fi rs t thr ee ac co un t st at em en ts , dat edJu ly 27, 2 00 6, Au gu st27 , 20 06 , andSep te m be r 26 , 20 06 , li stan

“ an nu al pe rcen ta ge rat e” i n t wo d iff eren t p la ces onth e st at em en t. Oneach of th es e th ree s ta te m en ts , th e fi rs t “ an nu al pe rcen ta ge rat e” l is te d i s 1 3.6 %, 13 .85 %, an d 1 3.8 5%, re sp ect iv el y . The s eco nd“ an nu al pe rcen ta ge rat e” l is te d o n e ach of th e st at em en ts is 12 .6%. The se acco un t s ta te m en ts als o l is t a “ fin an ce ch arg e” o f $4 87 .44 , $4 96 .40 , and$4 80 .39 , res pe ct iv el y . The “ fin an ce ch arg e” ap pe ars to be th e am ou ntof i nt eres t o wedby Plai nt iff forth atparti cu la r st at em en t.
The pe r diem intere st charg e ca n be ca lculated by

multipl ying the principal amount of the 2 loan, $42,200, by

0.06 (a 6% annual pe rce ntag e rate of intere st), and dividing by 365. 4HSBC’s co rp or at e rep res en ta ti ve St. Cl ai r-Ho ug ha n was un ab le to ex pl ai n

th e d is crep an cy

be twee n t he two “ an nu al pe rcen ta ge rat es ” li st edon th e acc ou nt st at em en ts . She tes ti fie d, “ I’m no t a l oa n o ffi cer. My un de rs ta nd in g o n or ig in at io ns is when y ouha ve a se cureddo cu m en t o r a n ot e y ouwil l h av e two di ffer en t ra te s. Th atwil l s ho w up on y ou r trut h andlen di ng . Youwil l h av e wha t y ou r rat e is , andth eny ou r an nu al pe rcen ta ge rat e whi chwil l n otbe th e sa m e.” 3 D. Acco unt St at ements fr om Octo ber 2 7, 2 00 6 th ro ug h Nov ember 26 , 20 08 The acco un t s tate m en ts da te d fr om Octo be r 27 , 20 06 th ro ug h No ve m be r 26 , 20 08 als o l is t i nt eres t ra te s i n t wo d iff eren t p la ces on th e st at em en t. The fir st

“ an nu al pe rcen ta ge rat e” l is te d o n e ach of t he se st at em en ts is 6.0 %. On the st at em en ts date d fr om Octo be r 20 06 th ro ug h Jun e 2 00 7, the sec on d

“ an nu al pe rcen ta ge rat e” l is te d i s 1 2.6 %. Howev er, b eg in ni ng inJu ly 200 7, ea ch of Pla in ti ff’s acc ou ntst at em en ts li st s the sec on d “ an nu al pe rcen ta ge rat e” as 6%. Thu s, Pl ai nt iff’s acco un t s ta te m en ts da te d fr om Ju ly 200 7 t hr ou ghNov em be r 26 , 20 08 refe ren cedon ly 6% as t he in te res t ra te . The “ fin an ce ch arg e” o n e ach of t he st at em en ts da te d fr om Octo be r 20 06

The “ initial annual perc entag e rate” listed in the “H ome Equity Acc ess L ine Rider” of 3 the Mortg ag e Agree ment and in the Promissory Note is 12.6%. Howe ver, the re is no evide nce in the re cord a s to whether the second “ annual pe rce ntag e ra te” listed on ea ch of the billing statements was intende d to corre spond with this number. 5th ro ug h No ve m be r 20 08 ap pe ars to be cal cu la te d u si ng th e 6 % annu al in te res t rat e. Fo r in st an ce, the st at em en t d at edOcto be r 27 , 20 06 li st s the fir st“ an nu al pe rcen ta ge rat e” o f 6%, a 3 1- da y bi ll in g c y cl e, an d a“ fin an ce ch arg e” o f $2 15 .05 . 4 Each of t he m on th ly stat em en ts da te d a fte r Sep te m be r 20 06 co nt ai ns a “ fin an ce ch arg e” o f $2 15 .05 or l es s. E. Retro ac tiv e Lo w eri ng of I nter es t Rat es Char ge d in Ju ly , Augu st , and Sept ember of

20 06 HSBC p ro vi de d t wo p ie ces of e vi de nc e sh owi ng th atitretro act iv el y lo weredth e in te res t i t ch arg edPla in ti ff o n t he st at em en ts da te d J ul y , Aug us t, an d Sep te m be r of 20 06 . Firs t, HSBC subm it te d alet te r da te d S ep te m be r 1, 2 00 6, ad dr es se d t o P la in ti ff. Tha t l et te r st at es inpa rt: “ Thi s l et te r se rv es to rep la ce your rece ntm on th ly bil li ng st at em en t. Pl eas e d et ach th e co up on be lo w andsubm itit with your ne xtpa ym en t. We regr etan y in co nv en ie nc e y oum ay

have ex pe rie nc ed .” At the bo tt om of the let te r, un de r th e h ead in g “ Rep la cem en t Paym en t Co up on ,” th e “ Tot al Due” am ou ntis li st edas $ 20 8.1 1. Th e “ Due Date ”

This finance charg e ca

n be ca lculated by : (1) dividing the annual pe rce ntag e rate of 0.06 4 by 365 to ge t a daily

rate of intere st (0.0001644), (2) multipl ying the daily rate of intere st by $42,200 to ge t the per die m interest cha rg e ($6.94) , and (3) multipl ying the per die m interest charg e by 31 day s in the billi ngcycle to g et the total financ e cha rg e for the 31-da y billing cycle ($215.05). 6is li st edas “ 07 /2 2/ 06 .” 5

Seco nd , HSBC s ub m it te d apri nt ou t fr om it s i nt ern al co m

pu te r syste m sh owi ng th atth e in te res t ra te on Pla in ti ff’s acc ou ntwas s etat 6 % fro m Ju ly 22, 20 06 to Sep te m

be r 30 , 20 10 . Dur in g h er d ep os it io n, Pl ai nt iff Fraz ie r adm it te d tha t s in ce s he was c al le d t o act iv e dut y , sh e h as ne ve r actua ll y pa idHSBC m or e th an6% i nt eres t o n h er l oa n, ev enfor th e few m on th s wh ensh e was all eg ed ly charg edin te res t ra te s i n e xc es s o f 6%. F. Pla in tif

f’s Compla in t On Dec em

be r 2, 2 00 8, Pl ai nt iff

Fraz ie r, th enrep res en te d b y co un se l, fi le d su itindi stric t co urt ag ai ns t HSB C. Pl ai nt iff ’s su itall eg edth atHSBC fa il edto reduc e th e in te res t ra te on he r lo anto 6% i n ati m el y fas hi on an d t o m ai nt ai n t ha t 6% fo r th e dur at io n o f he r act iv e-dut y servi ce, i n v io la ti on of t he SCRA. Pl ai nt iff al so bro ug hta cl ai m

all eg in g v io la ti on s o f th e Fai r Deb t Co ll ect io n P ract ic es Act (“ FDCPA”) , 15 U.S.C. § 1 69 2 e t s eq ., andth e Fl or id a Co ns um er Co ll ect io n Prac ti ces Act (“ FCCP A”), Fl a. St at . § 5 59 .72 . Plai nt iff so ug htda m ag es , cos ts an d at to rn ey s’ fees . HSBC res po nd ed , arg ui ng , in te r al ia , th atPla in ti ff co ul d n otsh ow a v io la ti on of t he SCRA b ecau se HSBC p ro pe rly decr eas edth e in te res t ra te on he r It is not clear f

rom the letter which statement is the “r ece nt monthly billing statement.” 5 7acco un t t o 6 % du rin g t he pe rio d o f he r m il it ary se rv ic e.

G. Dis tri ct Co urt’ s G ra nt o f Summ ar y J udg m ent to HSBC Pl ai nt iff m ov edforpa rti al su m

m ary jud gm en t o n h er SC RA cl ai m , an d 6 HSBC m ov edfor

su m m ary jud gm en t o n a ll of P la in ti ff’s cl ai m s. In te r al ia , HSBC arg ue d t ha t the SCRA d oe s n otpro vi de a pr iv at e ri gh t o f act io n. The di stric t co urt d en ie d P la in ti ff’s m ot io n a ndgra nt edsu m m ary jud gm en t to HSBC as to Pla in ti ff’s cl ai m s u nd er the SCRA an d t he FDCPA. The di st ric t co urt d ecl in edto ex erci se supp le m en ta l juris di ct io n o ve r Pl ai nt iff ’s cla im un de r th e FCC PA an d d is m is se d i t wi th ou t p reju di ce. As t o P la in ti ff’s cl ai m s u nd er the SCRA, the di st ric t co urt co nc lu de d t ha t (1 ) th e p ro vi si on of t he SCRA atis su e im pl ic it ly pro vi de s Pl ai nt iff with apri va te cau se of a ct io n, b ut(2) HSBC was no t l iabl e und er the SCRA b ecau se , whi le HSBC h adis su edst at em en ts inJu ly, Aug us t, an d S ep te m be r of 20 06 with a n in te res t ra te gre at er than 6 %, itco rrec te d t he in te res t ra te retro act iv el y da ti ng ba ck to Ju ly 22, 2 00 6. Mo reo ve r, HSBC d idno t d is pu te th atPla in ti ff d idno t o we an y in te res t i n e xc es s o f 6% f or th e p eri odof h er m il it ary se rv ic e. Anditis un di sp ut ed th atPla in ti ff n ev er ac tu al ly pai d m or e th an6% i nt eres t o n t he acco un t af te r sh e Plaintiff did not move for summary judgme nt on her F DCPA claim or her state cla im 6 under the FCCPA. 8was cal le d t o a ct iv e dut y .

Afte r th e en try of jud gm en t i n fa vo r of HSBC, Pl ai nt iff

fil edon Nov em

be r 30 , 20 09 , a “ m ot io n t o a m en d fi nd in gs an d a m en d ju dg m en t” rei te rat in g h er arg um en t tha t the in te res t HSB C ch arg edinJu ly, Aug us t, an d S ep te m be r of 20 06 was inex ces s o f 6% andth atHSBC n ev er fo rg av e th e ex ces s ch arg es . The di st ric t co urt d en ie d t he m ot io n. Fraz ie r, pr oc eed in g p ro se, n ow ap pe al s the di st ric t co urt’s o rd er g ran ti ng su m m ary jud gm en t t o HSB C as to he r SCRA cla im an d d en y in g h er m ot io n fo r pa rti al su m

m ary jud gm en t. 7 II . DISCUSSI ON Pl ai nt iff Fraz ie r arg ue s tha t the di st ric t co urt erredingrant in g s umm ary jud gm en t t o Def

en da ntHSBC as to he r SCRA cla im be cau se (1) HSBC ad m it te d ch arg in g i nt eres t o n h er l oa n i n e xc es s o f 6% dur in g t he rel ev an t t im e p eri od , and (2 ) HSBC “ di d n otfor gi ve th e acc ru edin te res t,” b utin st eadad de d t he accrue d

Plaintiff makes no argument as to the district court’ s grant of summar y judgme nt to 7 HSBC on her

FDCPA cla im or its dis missal of her state law cla im. Pl aintiff thus has aba ndoned these c laims and they

are not before us on appea l. See I nstitut o De Pre vision Mil itar v. Mer rill Ly nch, 546 F .3d 1340, 1352-53 (11th Cir. 2008). Although Plaintiff’ s notice of a ppeal r efe renc es only

the date of

the orde r deny

ing he r motion to amend the judgme nt, her a ppeal brief c learly

is intended to appea l the district court’s summary judgme nt order, a

nd both parties have briefe d the issues on appe al as such. F or that rea son, we c onsider Plaintiff’s appe al to be of the district court’s summary judgme nt order. See KH Outdoor, LL C v. City of Trussville, 465 F .3d 1256, 1260 (11th Cir. 2006).

9ex ces s i nt eres t t o t he ou ts tand in g l oa n b al an ce i n Dec em be r 20 06 . Plai nt iff

arg ue s th atHSBC’s i nt eres t ch arg es inex ces s o f 6% are a v io la ti on of § 20 7( a) o f th e SCRA re ga rd le ss of wh ethe r HSBC l at er fo rg av e th e ex ces s ch arg es or wh ethe r Pl ai nt iff actua ll y pa idth e ex ces s i nt eres t o r no t. Pl ai nt iff als o a rg ue s tha t the di st ric t co urt erredinco nc lu di ng th atHSBC h adfor gi ve n t he ov erch arg edin te res t be cau se th ere i s n o e vi de nc e th atHSBC ac tu al ly forg av e th e o ve rch arg edin te res t an d HSB C’s co rp or at e rep res en ta ti ve co ul d n otex pl ai n wh y each st at em en t co nt ai ne d t wo d iff

eren t an nu al in te res t ra te s. Sect io n 2 07 (a) o f th e SCRA pro vi de s i n p artth at“ [a]n o bl ig at io n o r li ab il ity be ari ng in te res t ata rat e in ex ces s o f 6 p erce ntpe r y ear t ha t i s i nc urredby a se rv ic em em

be r . . . befo re the servi cem em be r en te rs m il it ary se rv ic e sh al l n otbe ar in te res t ata rat e in ex ces s o f 6 p erce nt. . . du rin g t he pe rio d o f m il it ary se rv ic e an d on e y ear t he reaf

te r, inth e cas e o f anob li ga ti on or l iabi li ty con si st in g o f a m ortg ag e, trus t d eed , or o th er s ecu rit y inth e n atur e o f a m ortg ag e . . . .” SCRA § 20 7( a)(1 )(A), 5 0 U.S.C. ap p. § 52 7( a)(1 )(A). “ In te res t ata rat e in ex ces s o f 6 8 pe rcen t p er y ear t ha t wo ul d o th erwi se be in curredbu t fo r th e p ro hi bi ti on in

Prior to J uly

30, 2008, 50 U.S.C. app. § 527(a) (1) pr ovided for a limit ation of intere st to 8 6 perc ent per

year only duringthe period of milit ary service , even if

the obligation consisted of a mortg ag e. See H ousing a nd Economic Rec overy

Act of 2008, Pub. L . No. 110-289, § 2203(b)( 1), 122 Stat. 2849. 10pa rag rap h (1 ) is for gi ve n.” SCRA § 20 7( a)(2 ), 50 U.S.C. app . § 5 27 (a)( 2) .

Sect io n 2 07 of t he SCRA fu rth er p ro vi de s tha t i n o rd er fo r a s erv ic em em be r to rece iv e th e m ax im

um in te res t ra te insubs ect io n (a ), he or s he m us t p ro vi de writ te n n ot ic e an d aco py of th e m il it ary or de rs cal li ng th e se rv ic em em be r to m il it ary se rv ic e, as well as a ny ord ers furth er ex te nd in g m il it ary se rv ic e. SCRA § 20 7( b) (1 ); 5 0 U.S.C. ap p. § 52 7( b) (1 ). Once a cred it orrece iv es su chno ti ce an d a co py of th e o rd ers , “ th e cre di to r sh al l treatth e d eb t i n a cco rd an ce wi th subs ect io n (a), ef fect iv e as of t he da te on whi chth e se rv ic em em be r is cal le d t o m il it ary se rv ic e.” SCRA § 2 07 (b )(2 ); 5 0 U.S.C. ap p. § 52 7( b) (2 ). 9 The ev id en ce i n t he reco rd , eve n wh envi ewedinli gh t m os t fa vo rab le to Pl ai nt iff , in di cat es th atalt ho ug h HSB C ch arg edPla in ti ff anan nu al in te res t ra te in ex ces s o f 6% i n t he m on th s o f Ju ly, Aug us t, an d S ep te m be r of 20 06 , HSBC l at er retro act iv el y

ch an ge d t he an nu al in te res t ra te to 6%, eff ect iv e fro m

Ju ly 22, 2 00 6 un ti l Se pt em

be r 30 , 20 10 (th e en ti re p eri odof P la in ti ff’s act iv e dut y). HSBC h as m ad e n o a ss ert io n t ha t Pl ai nt iff owes an y

in te res t i n e xc es s o f 6% a s a r es ul t o f th e or ig in al bi ll in g s ta te m en ts inJu ly, Aug us t, an d S ep te m be r of 20 06 an d i ns te ad

Be cause we c onclude, ba sed on the merits of Plainti ff’ s SCRA claim, that the district 9 court did not err

in denying Plaintiff’ s motion for partial summary judgme nt and granting summary judgme nt to HSBC, we nee d not rea ch the issue of whether the SCRA provides for a private right of

action for

damag es ver sus a def

ense to a cre ditor’s collec tion action. For the purposes of this appe al, we a ssume that the SCRA does provide such a right. 11st at es th atitfor ga ve th e ex ces s i nt eres t ch arg es du rin g t he se m on th s. Th e

ev id en ce i n t he reco rdsh ows th atHSBC s en t Pl ai nt iff a “rep la cem en t co up on ” fo r atlea ston e o f th e m on th ly stat em en ts with a n i nt eres t ch arg e cal cu la te d b as edon 6% ann ua l ra te in te res t an d t ha t HSB C in te rn al ly chan ge d t he an nu al in te res t ra te on Pla in ti ff’s lo anto 6% i n i ts co m pu te r syste m . Plai nt iff

ha s p oi nt edto no ev id en ce t o c on tra di ctth e ev id en ce i n t he reco rdth atHSBC d idinfactfor gi ve th e ex ces s ch arg es , andth e d is tri ctco urt p ro pe rly gran te d s umm ary jud gm en t t o HSBC. 1 0 Eve n i f HSBC h adno t d oc um en te d i ts for gi ve ne ss of t he ex ces s ch arg es (wh ic h t he reco rdsh ows th atitdi d) , Pla in ti ff i s n o l on ge r le ga ll y ob li ga te d t o p ay su chin te res t und er the SCRA. See SCRA § 20 7( a)(2 ), 50 U.S.C. app . § 5 27 (a)( 2) (“ In te res t ata rat e inex ces s o f 6 p erce ntpe r y ear t ha t wo ul d o th erwi se be in cu rred bu t fo r th e p ro hi bi ti on inparag rap h (1 ) is for gi ve n” ). Thu s, the ex ces s ch arg es ha ve be enfor gi ve n b y

vi rtu e o f th e st atut e it se lf. M or eo ve r, Pla in ti ff t es ti fie d du rin g h er d ep os it io n t ha t s he ne ve r actua ll y pa idan y in te res t i n e xc es s o f 6% a t an y ti m e fro m

Ju ly of 20 06 un ti l the da te of h er co m pl ai nt . Nor d oe s Pl ai nt iff no w In fac t, one of the doc uments Plainti ff attached to he r initial appea l brief ( which weare 1 0 unable to locate in the district court re cord) is a letter f rom HSBC and a ddresse d to Plainti ff, dated August 30, 2006, confirmingthat “[d] uringyour term of active duty , the intere st rate charg ed on the outstandingbalanc e of the acc ount refe renc ed above will be reduc ed to 6% a nd, as a c ourtesy , your monthly pay ments will be reduc ed ac cording ly . These c hang es will be eff ective w ith your 07/22/06 pay ment.” 12di sp ut e th e fac t tha t s he ha s n ev er p ai d HSB C in te res t i n e xc es s o f 6% s in ce b ei ng

cal le d t o a ct iv e dut y . The factth atth e st at em en ts da ti ng fro m Octo be r 20 06 to Ju ne 20 07 co nt ai n two di ffer en t l is ti ng s fo r “ an nu al pe rcen ta ge rat e,” o ne li st edas 6 % an d o ne li st ed as 12 .6%, d oe s n otcreate a ge nu in e is su e o f fac t. The “ to ta l fi na nc e ch arg e” l is te d on each of t ho se st at em en ts is $2 15 .05 or l es s, m ak in g i t cl ear t ha t the cal cu la ti on of in te res t fo r eac h o f th os e m on th s was ba se d o n a6% an nu al rat e o f in te res t, n ot th e 1 2.6 % annu al rat e o f in te res t. Alt ho ug h t he reco rdco nt ai ns no ex pl an at io n fo r why tho se st at em en ts li sta 6% ann ua l ra te inon e p la ce an d a no th er rate lat er o n, th atdi sc rep an cy

alo ne do es no t cr eat e a g enui ne is su e o f fac t as to th e rat e o f in te res t tha t Pl ai nt iff

was i n fa ctch arg edgi ve n t ha t the “ fin an ce ch arg e” l is te d o n each of t he se st at em en ts was b as edon a 6% a nnua l p erce nt ag e rat e o f in te res t. Fi na ll y , inhe r br ie f on ap pe al Pla in ti ff arg ue s tha t i ns te adof f or gi vi ng th e ex ces s i nt eres t, HSBC si m pl y ad de d i t t o t he ou ts tand in g b al an ce o f he r lo an . She ci te s the m on th ly stat em en ts sh e rec ei ve d fr om HSBC, b utfai ls to ex pl ai n h ow the nu m be rs on th e st at em en ts in di cat e th atth e ex ces s i nt eres t was ad de d t o t he lo an ba la nc e. On ea chst at em en t, the “ Actu al Dail y Bal an ce” i s l is te d a s $ 42 ,20 0, an d th e “ Fi na nc e Ch arg e” i s ca lc ul at edba se d o n t ha t b al an ce an d a t 6 %. Abs en t an y furth er ev id en ce tha t HSB C in crea se d P la in ti ff’s lo anba la nc e b y th e am ou ntof t he 13ex ces s i nt eres t, the di st ric t co urt p ro pe rly gran te d s umm ary jud gm en t t o HSB C.

Fo r th e rea so ns ab ov e, we co nc lu de th atth e d is tri ctco urt p ro pe rly gran te d su m m ary jud gm en t t o HSB C an d c orrect ly den ie d p art ia l s umm ary jud gm en t t o Pl ai nt iff . AFFIRMED.

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