California Financial Code ARTICLE 2 - Terms and Maximum Charges

• Section 18205.
  Except as otherwise provided for in this division, an industrial loan company shall not make any loan or purchase or discount any other obligation that...
• Section 18205.5.
  Notwithstanding any other provision of this division, an industrial loan company may make a loan or acquire an obligation that is repayable in unequal periodic...
• Section 18206.
  Consumer loans made and obligations acquired that are secured by a motor vehicle and repayable other than in equal periodic payments during its term shall...
• Section 18207.
  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...
• Section 18208.
  An industrial loan company may make a consumer loan in which the principal and charges are payable at any time during the loan, provided that...
• Section 18209.
  An industrial loan company may make loans, purchase or discount notes, mortgages, contracts or other commercial paper insured by the Federal Housing Administrator, Veterans Administration,...
• Section 18210.
  (a) Except as provided in Sections 18205.5 and 18209 and subject to subdivisions (b) and (c), an industrial loan company shall not make any loan or...
• Section 18211.
  No charge shall be collected unless a loan is made, except that an industrial loan company may charge, contract for, and receive a fee in...
• Section 18212.
  (a) The charges by an industrial loan company, broker, and all other persons on any loan, forbearance of money, credit, goods, or things in action under...
• Section 18212.1.
  As an alternative to the charges authorized by Section 18212 a licensee may contract for and receive charges at a rate not exceeding five-sixths of...
• Section 18212.2.
  In addition to the charges authorized by Section 18212 or 18212.1 an industrial loan company may contract for and receive an administrative fee, which shall...
• Section 18213.
  Notwithstanding any other provision of law not within this division, industrial loan companies making loans pursuant to this division may not precompute interest on such...
• Section 18214.
  For the purpose of computing the charges set forth in this article, a month is any period of 30 consecutive days.(Added by Stats. 1976, Ch.
• Section 18215.
  An industrial loan company may contract for, collect, and receive at the time of making the loan or at any time thereafter, any of the...
• Section 18216.
  (a) Notwithstanding Section 18211, an appraisal fee may be charged to an applicant or borrower by an industrial loan company in connection with an application or...
• Section 18217.
  An escrow fee of a reasonable amount may be charged for any loan made which is secured primarily by real property when such services are...
• Section 18218.
  Notwithstanding any other provision of this division, an industrial loan company, in the collection of a delinquent loan of an unpaid principal balance, may do...
• Section 18218.5.
  With respect to a loan under this division, a fee not to exceed fifteen dollars ($15) for return by a depository institution of a dishonored...
• Section 18219.
  An industrial loan company shall not induce or permit any borrower to split up or divide any loan and thereby contract for or receive a...
• Section 18220.
  An industrial loan company shall not induce any spouses, jointly or severally, to become obligated, directly or contingently or both, under more than one contract...
• Section 18221.
  Nothing in this division shall prevent an industrial loan company from transacting loan contracts with different borrowers and from contracting for and receiving, up to...
• Section 18222.
  An industrial loan company shall permit payment to be made in advance in any amount on any contract of loan at any time. The industrial...

Last modified: October 22, 2018