Statute · California Civil Code
Cal. Civ. Code § 1802.21 — Definitions
Cal. Civ. Code § 1802.21
- Type
- Statute
- Source
- California Civil Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
“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…
Citator
Cal. Civ. Code § 1802.21 — Definitions is in force in the current edition of the Code, and nothing recorded condemns it.
“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.