Section 18642 Of Article 5. Charges On Scheduled Balances From California Financial Code >> Division 7. >> Chapter 8. >> Article 5.
18642
. If the maturity of a loan made under Section 18636 is
accelerated for any reason, the company shall make the same refund or
credit as would be required if the loan contract was paid in full on
the date of acceleration and the unpaid balance shall be treated as
the unpaid principal balance and thereafter the unpaid balance of the
loan contract shall bear charges at the agreed rate of charge if the
loan contract so provides.