Payday and installment Loan State Law Matrix As of July 1 ...

loans & credit sales: no greater than 17%per annum; contracts in which no rate of interest is agreed ... Payday: Deferred Deposit; Cal. Fin. Code § 23000 et seq. Department of Business Oversight 15% of face amount of check Not allowed None $300 (maximum amount of customer's check) None 31 days A licensee may allow an extension of time ................
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