Section 12319.

Cal. Financial Code - FIN § 12319.
in effect
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Every contract between a prorater and a debtor shall: (a) List every debt to be prorated with the creditor’s name and disclose the total of all such debts; (b) Provide payments reasonably within the ability of the debtor to pay in precise terms; (c) Disclose in precise terms the rate and amount of the prorater’s charge; (d) Disclose the approximate number and amount of installments required to pay the debts in full; (e) Disclose the name and address of the prorater and of the debtor; (f) Contain such other provision or disclosures as the commissioner shall determine is necessary for the protection of the debtor and the proper conduct of business by a prorater.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

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