§ 18230 Loan Charge Display Requirements

• •Industrial loan companies must show a clear list of their highest fees in their offices.
• •The list must explain how they calculate these fees.
• •The government official (commissioner) must approve this list.

You walk into a loan office to borrow money.

The office must have a big, easy-to-see sign showing the highest fees they charge and how they figure them out. If they don’t, they’re breaking the law.