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I took a quick glance at the new law and can't find anything in it saying one way or the other.AB539 | California 2019-2020 | California Financing Law: consumer loans: charges. | TrackBillMy guess is that it would only apply to new loans. I think a law would have to say it's retroactive to be retroactive.
I took a quick glance at the new law and can't find anything in it saying one way or the other.
AB539 | California 2019-2020 | California Financing Law: consumer loans: charges. | TrackBill
My guess is that it would only apply to new loans. I think a law would have to say it's retroactive to be retroactive.