Cal. Fin. Code § 18207
Current through the 2023 Legislative Session.
An industrial loan company may make a consumer loan that is not secured primarily by real property or other type of loan which is repayable at maturity by a single payment which includes principal and charges. In no event shall such loans have a term in excess of one year or be made for the purpose of evading or avoiding this division.
Ca. Fin. Code § 18207