CA AB2500

Establishes a 36% annual simple interest rate cap for consumer loans between $2,500 and $5,000, with alternative option of 36% or 30.75% plus the United States Prime Rate.

Increases the threshold for loan exemptions from California Financing Law requirements from $2,500 to $10,000 for certain regulatory provisions related to charges and terms.

Prohibits licensees from charging prepayment penalties on consumer loans, except for loans secured by real property.

Requires licensees to offer free credit education programs or seminars to borrowers before disbursing loans between $2,500 and $10,000 (excluding real property-secured loans), though borrower participation is optional.

Modifies administrative fee structures for loans exceeding $2,500, capping fees at $75 or $90 depending on which interest rate option is selected under the 36% cap.