§ 22500 Loan Service Charges

Financial Code·California

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Key Takeaways

•This law says that 'charges' include all the extra costs you might pay when you get a loan, like interest, fees, and other expenses.
•It covers any money or costs related to getting, managing, or paying back a loan.
•Even if someone helps you with the loan, like a broker, their fees are included in these charges.

Example

You take out a loan to buy a car.

The bank charges you interest on the loan, plus some fees for processing your loan. These interest and fees are all part of the 'charges' mentioned in this law.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 22500 Loan Service Charges

“Charges” include the aggregate interest, fees, bonuses, commissions, brokerage, discounts, expenses, and other forms of costs charged, contracted for, or received by a licensee or any other person in connection with the investigating, arranging, negotiating, procuring, guaranteeing, making, servicing, collecting, and enforcing of a loan or forbearance of money, credit, goods, or things in action, or any other service rendered. (Repealed and added by Stats. 1994, Ch. 1115, Sec. 2. Effective January 1, 1995. Operative July 1, 1995, by Sec. 5 of Ch. 1115.)

Last verified: January 23, 2026

Key Terms

Charges loan licensee

References

Official text at leginfo.legislature.ca.gov
California Legislature. Financial Code. Section 22500.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References