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 CA Finance Lender License #603J096 2023-2025

Gm Financial Phone Number 2023-2025 Form

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Instructions and help about CA Finance Lender License #603J096

what's the difference between a loan consultant and a loan broker i was told that in california need to be licensed for both i'm confused you're not confused as california who is confused uh but yeah so traditionally loan broker refers to somebody who is selling bank loans and that requires being licensed and california broadened that definition but it still doesn't cover what it is that we do we're an alternative lending industry a lot of the products we offer they're in advance not actually they're not actually considered loans or you're working with the lenders who are required to be licensed in different states right but as a broker as of now um business loan broker we're not required to be licensed but again it might change tomorrow especially in california i don't think it's going to change in other states but this has been i've been in this industry for over a decade california has be

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