§ 22201 Loan-Related Licensee Charges

• •If you're a lender, you can't sneak in extra fees or hidden profits when giving out a loan.
• •Any extra money or benefit you get from the borrower, even through a side deal, counts as a 'charge'.
• •This rule makes sure lenders are honest about all the costs tied to a loan.

You take out a loan to buy a car, and the lender says you also have to buy expensive insurance from them to get the loan.

The lender can't force you to buy extra stuff like insurance as a hidden way to make more money. That extra cost counts as a 'charge' and has to be clear upfront.