Statute · California Financial Code

Cal. Fin. Code § 21200.1 — Pawnbroker Regulations

Cal. Fin. Code § 21200.1

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
2020-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

A loan setup fee of seven dollars and fifty cents ($7.50) or 3.5 percent, whichever is greater, may be charged for each loan. However, the maximum loan setup fee shall not exceed ninety dollars ($90). Loan setup fees are in addition to any other allowed charges.

Citator

Cal. Fin. Code § 21200.1 — Pawnbroker Regulations is in force in the current edition of the Code, and nothing recorded condemns it.

A loan setup fee of seven dollars and fifty cents ($7.50) or 3.5 percent, whichever is greater, may be charged for each loan. However, the maximum loan setup fee shall not exceed ninety dollars ($90). Loan setup fees are in addition to any other allowed charges.