§ 18222

California Financial Code · 2026 edition · updated 2026-10-04 · California

An industrial loan company shall permit payment to be made in advance in any amount on any contract of loan at any time. The industrial loan company shall apply such payment first to all charges due up to the date of such payment and the remainder to the loan balance.

(Added by Stats. 1976, Ch. 964.)

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California Financial Code

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