SCHEDULE OF CHARGES
California Deferred Deposit Transactions
AMOUNT FINANCED
(Amount Provided) | FINANCE
CHARGE
(FEE) | Total of Payments
(Draft Amount) | APR * |
LOAN TERM
(14 days) | LOAN TERM
(30 days) |
$100.00 | $17.60 | $117.60 | 458.86% | 214.13% |
$200.00 | $35.20 | $235.20 | 458.86% | 214.13% |
* Annual Percentage Rate: The APR is the cost of your loan expressed as a yearly rate. The above APRs are based on example loan terms of one payment ("Amount of Draft") due in 14 and 30 days. The APR will increase if the actual loan term is shorter than these examples, and will decrease if your loan term is longer.
No Criminal Prosecution: You cannot be prosecuted or threatened with prosecution in a criminal action for a returned check in connection with a deferred deposit transaction.
(Click on icon for a printable schedule of charges) |