{"data":{"id":"us-ca/fin-22334","jurisdiction":"us-ca","citation":"FIN § 22334","heading":"","body":"(a) Except as provided in subdivision (b), a licensee shall not enter into any contract for a loan that provides for a scheduled repayment of principal over more than the maximum terms set forth below opposite the respective size of loans.\nPrincipal amount of loan Maximum term\nLess than $500 24 months and 15 days\n$500 but less than $1,500 36 months and 15 days\n$1,500 but less than $3,000 48 months and 15 days\n$3,000 but less than $10,000 60 months and 15 days\n(b) The maximum loan term of 60 months and 15 days does not apply to a loan secured by real property of a bona fide principal amount of at least five thousand dollars ($5,000).\n(c) A licensee shall not enter into any contract for a loan that provides for a scheduled repayment of principal that is less than 12 months. This subdivision applies to a loan of a bona fide principal amount of at least two thousand five hundred dollars ($2,500), but less than ten thousand dollars ($10,000).\n(d) This section does not apply to an open-end loan, a student loan made by an eligible lender under the Higher Education Act of 1965, as amended (20 U.S.C. Sec. 1070 et seq.), or a student loan made pursuant to the Public Health Service Act, as amended (42 U.S.C. Sec. 294 et seq.).","path":["Financial Code - FIN","DIVISION 9. CALIFORNIA FINANCING LAW [22000. - 22780.1.]","CHAPTER 2. Consumer Loans [22200. - 22470.]","ARTICLE 3. Loan Regulations [22300. - 22347.]"],"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":"76b4762e3838de25db7088464c5fd0d131ce7525cd0b688202a45eb669efc713","source_id":"us-ca","stale":false,"prev":"us-ca/fin-22333","next":"us-ca/fin-22335"},"notice":"GroundRules: Original legal text. Not legal advice."}