LawWiki
HomeCodesSearchGlossaryAPIAbout
LawWiki

Plain English summaries of California law with zero-hallucination AI. Every summary is verified against official source text.

Product

  • Search
  • Codes
  • About

Legal

  • Privacy Policy
  • Terms of Service
  • Disclaimer

© 2026 LawWiki. All rights reserved.

HomeFinancial CodeDiv. 7Ch. 3Art. 2§ 18215 Loan Fees And Costs

§ 18215 Loan Fees And Costs

Financial Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 18215 Loan Fees And Costs

This law says that a company lending money for things like cars or houses can charge extra fees for things like ads, government paperwork, or insurance. These extra fees don’t count toward the highest amount they’re allowed to charge for the loan.

Key Takeaways

  • •Lenders can charge extra for things like ads, government fees, or insurance.
  • •These extra charges don’t count toward the highest fees they’re allowed to charge.
  • •The law lists exactly what extra fees are allowed.

Example

You take out a loan to buy a car.

The company can charge you extra for things like the cost of putting an ad in the paper about the loan, the fee to file the loan papers with the government, or insurance for the loan. These extra charges don’t count toward the highest interest or fees they’re allowed to charge you.

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

Official Source
View on CA.gov

§ 18215 Loan Fees And Costs

An industrial loan company may contract for, collect, and receive at the time of making the loan or at any time thereafter, any of the following: (a) Any cost of publication as required by law. (b) The statutory fee paid by it to any public officer for acknowledging, filing, recording, or releasing in any public office any instrument securing the loan or executed in connection with a loan. (c) Premiums of the kind and to the extent described in paragraph (2) of subsection (e) of Section 226.4 of Regulation Z promulgated by the Board of Governors of the Federal Reserve System (12 C.F.R. 226.1 et seq.). These amounts are not included in computing the maximum charges which may be made under this division. (Amended by Stats. 1984, Ch. 199, Sec. 2.)

Last verified: January 11, 2026

Key Terms

industrial loan companypublication costsstatutory feeRegulation Zmaximum charges

Related Statutes

  • § 18205 Loan Repayment Term Limits
  • § 18205.5 Unequal Payment Property Loans
  • § 18207 Consumer Loan Term Limits
  • § 18208 Industrial Loan Collateral Requirements
  • § 18209 Federal Insured Loan Authority

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Financial Code. Section 18215.
View Official Source