Section 22802.
Cal. Financial Code - FIN § 22802.
in effect(a)
A provider subject to this division shall disclose all of the information in subdivision (b) or in Section 22803, if applicable, to a recipient at the time of extending a specific commercial financing offer to that recipient, and shall obtain the recipient’s signature on the disclosure before consummating the commercial financing transaction.
(b)
Except as provided in Section 22803, a provider subject to this division shall disclose all of the following:
(1)
The total amount of funds provided.
(2)
The total dollar cost of the financing.
(3)
The term or estimated term.
(4)
The method, frequency, and amount of payments.
(5)
A description of prepayment policies.
(6)
The total cost of the financing expressed as an annualized rate.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026