§ 5105.5
43 words·~1 min read·
/ca/financial-code/5105-5A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
“Consumer loan” means a loan for personal, family, or household purposes, and loans reasonably incident thereto, and may be made as either open-end or closed-end consumer credit, but does not include credit extended in connection with credit cards or bona fide overdraft loans.