{"code":"FIN","codeName":"Financial Code","section":"4979.6","citation":"Fin. Code, § 4979.6","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 1.7. COVERED LOANS [4970. - 4979.8.]","url":"https://blackletter.si/financial-code/division-1.7"},{"name":"CHAPTER 3. Enforcement [4974. - 4979.8.]","url":"https://blackletter.si/financial-code/division-1.7/chapter-3"}],"history":"Added by Stats. 2001, Ch. 732, Sec. 1.   Effective January 1, 2002.   Applicable, by Sec. 3 of Ch. 732, to consumer loans applied for on or after July 1, 2002.","effective":"2002-01-01","html":"<p>A person who originates a covered loan shall not make a covered loan that finances points and fees in excess of one thousand dollars ($1,000) or 6 percent of the original principal balance, exclusive of points and fees, whichever is greater.</p>","text":"A person who originates a covered loan shall not make a covered loan that finances points and fees in excess of one thousand dollars ($1,000) or 6 percent of the original principal balance, exclusive of points and fees, whichever is greater.","otherVersions":[],"url":"https://blackletter.si/financial-code/enforcement-4979-6","source":"California Legislative Information bulk export (pubinfo)"}