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#2151851 - 10/31/17 08:30 PM CA Consumer Disclsoure Requirements
Dan Persfull Offline
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Dan Persfull
Joined: Aug 2002
Posts: 46,464
Bloomington, IN
We have a customer that is currently stationed in CA wanting to buy a car. Are there any "special" application or loan disclosures under CA law? If so could you please point me in the right direction? I seem to remember reading something a few years ago that CA had some very strict consumer disclosure laws even if the lender was not located in CA.
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The opinions expressed are mine and they are not to be taken as legal advice.

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#2151862 - 10/31/17 09:04 PM Re: CA Consumer Disclsoure Requirements Dan Persfull
Dan Persfull Offline
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Dan Persfull
Joined: Aug 2002
Posts: 46,464
Bloomington, IN
Never mind - found the CA code 22328 and 22329 that addresses auto loans.
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The opinions expressed are mine and they are not to be taken as legal advice.

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#2151877 - 10/31/17 11:39 PM Re: CA Consumer Disclsoure Requirements Dan Persfull
GuitarDude Online
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GuitarDude
Joined: Nov 2004
Posts: 5,924
So Cal
Dan, be sure to refer to CA Civil Code section 1799.91 if there will be a cosigner.
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#2151892 - 11/01/17 01:06 PM Re: CA Consumer Disclsoure Requirements Dan Persfull
Dan Persfull Offline
10K Club
Dan Persfull
Joined: Aug 2002
Posts: 46,464
Bloomington, IN
Thanks but it was decided not to do the loan.
_________________________
The opinions expressed are mine and they are not to be taken as legal advice.

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