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California payday loan legislation
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California Payday Loan Laws & Legislation State Information. Legal Status: Legal. Citation: Cal. Fin. Code §§ 23000 to 23106. Loan Terms: Maximum Loan Amount: $300
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Fees for Payday Loans: Under California law, the maximum loan amount a consumer can borrow in a payday loan is $300. The
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This page contains a summary and chart showing state by state payday lending statues and laws by loan amount, loan term and finance charges.
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California law limits a single payday loan to a maximum of $300 with interest of 15%. Someone who borrowed $200 for two weeks would owe $230 when their Hdfc personal loan online emi payment
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