“Consumer loan” means a loan for personal, family, or household purposes, and loans reasonably incident thereto, and may be made as either open-end or closed-end consumer credit, but does not include credit extended in connection with credit cards or bona fide overdraft loans.
Cal. Fin. Code § 5105.5
General Definitions
Known as the Savings Association Law
The act spans §§ 5000–10009 (387 sections).
Added by Stats. 1984, Ch. 225, Sec. 2
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.