Financial Code section 21200.1

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.

Source: Section 21200.1, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=21200.1. (accessed Apr. 24, 2025).

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Last Updated

Apr. 24, 2025

§ 21200.1’s source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_21200.1

Original Source: Section 21200.1, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=21200.1. (last accessed Apr. 24, 2025).