Requirements After a Finance Lenders License Has Been Issued
DFPI (formerly DBO) publishes on its website the below compliance requirements. However, compliance for California lenders licensed as CFLs involves a lot more. All contracts and disclosures must comply with CFL, California, and applicable federal laws. Consumer CFL lenders are also subject to many federal lending and financial laws. Commercial lenders are also subject to some (not as much as consumer lenders) additional federal and financial laws and to the new Commercial ...
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