Connecticut General Statutes 36a-616 – Advance fees imposed by loan brokers prohibited
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No loan broker may assess, collect, charge, impose or cause to be paid, directly or indirectly, an advance fee as an incident to, condition of or in connection with providing the services of a loan broker.
Terms Used In Connecticut General Statutes 36a-616
- Loan: includes any line of credit or other extension of credit. See Connecticut General Statutes 36a-2