AB 28339 (Villapudua) Proposes New Requirements for Department of Financial Protection and Innovation Regarding Responsible Small Dollar Loans Program

By Summer M. Bosse AB 2839 (Villapudua), as amended March 17, 2022, would amend section 22370 of the Financial Code as it relates to the California Financing Law’s Pilot Program for Increased Access to Responsible Small Dollar Loans. The Pilot Continue reading

SB 577 Seeks to Update Current Money Lending Law in California

By Alexandra Loyo SB 577 (Limón), as amended January 12, 2022, is a two-year bill that would amend sections 2105, 17202.1, 17414.1, and 80001 of, add section 22050.5 to, and repeal section 80002 of the Financial Code to provide a Continue reading