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California Civil Code Section 1802.21

Legal Research Home > California Laws > Civil Code > California Civil Code Section 1802.21

1802.21.  "Precomputed basis" means the determination of a finance
charge by multiplying the original unpaid balance of the contract by
a rate and multiplying that product by the number of payment periods
elapsing between the date on which the finance charge begins to be
assessed and the date of the last scheduled payment.




Section: Previous  1802.7  1802.8  1802.9  1802.10  1802.11  1802.12  1802.13  1802.14  1802.15  1802.16  1802.17  1802.18  1802.19  1802.20  1802.21

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Last modified: March 17, 2014