Tenn. Comp. R. & Regs. 0180-08-.05 - LIMITATION ON THE COLLECTION OF OTHER CHARGES
With the exception of interest, loan charges, and insurance as authorized by these rules, no other charges of any nature may be imposed in connection with a loan subject to these rules; provided, however, the foregoing limitation shall not prohibit payment by the borrower of the reasonable and actual costs of collecting a loan upon default, including attorneys' fees.
Notes
Authority: T.C.A. ยง 4-5-104 and Chapter 203 of the Public Acts of 1979.
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