Try our Advanced Search for more refined results

Expert Analysis

Calif. Regulator Not Alone In Consumer Lending Concerns

By Jan Lynn Owen, Charles Washburn and Taylor Steinbacher ( September 3, 2019, 4:22 PM EDT) -- California nonbank consumer lenders are moving away from small-dollar, short-term payday loans and are embracing longer-term installment loans with amounts over $2,500 to avoid interest rate caps. According to the California Department of Business Oversight, this was the takeaway from reports it issued on Aug. 8 about two key lending laws: the California Financing Law, or CFL, and the California Deferred Deposit Transaction Law, or CDDTL, often called the payday lending law....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections

Law Firms

Companies

Government Agencies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!