Ca Governor Gavin Newsom finalized the Fair use of Credit Act into law on 11, 2019 october. Effective January 1, 2020, the Act will impose a few significant modifications to your consumer that is small (under $10,000) conditions for the California Financing Law, including price caps, limitations in the maximum/minimum loan term, and brand brand new reporting and consumer training needs, every one of that will use prospectively to newly made loans. Continue reading California Financing Law: Brand New Criteria on Customer Loans →