{"data":{"id":"us-ca/fin-12319","jurisdiction":"us-ca","citation":"FIN § 12319","heading":"","body":"Every contract between a prorater and a debtor shall:\n(a) List every debt to be prorated with the creditor’s name and disclose the total of all such debts;\n(b) Provide payments reasonably within the ability of the debtor to pay in precise terms;\n(c) Disclose in precise terms the rate and amount of the prorater’s charge;\n(d) Disclose the approximate number and amount of installments required to pay the debts in full;\n(e) Disclose the name and address of the prorater and of the debtor;\n(f) Contain such other provision or disclosures as the commissioner shall determine is necessary for the protection of the debtor and the proper conduct of business by a prorater.","path":["Financial Code - FIN","DIVISION 3. CHECK SELLERS, BILL PAYERS, AND PRORATERS [12000. - 12404.]","CHAPTER 4. Licensee Regulations [12300. - 12332.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"cb3df57b47ae8d127da0d7bc684cc77f439e852b70636a0fe510e9896f805767","source_id":"us-ca","stale":false,"prev":"us-ca/fin-12318","next":"us-ca/fin-12320"},"notice":"GroundRules: Original legal text. Not legal advice."}