535C.2A Prohibition on advance fees. A loan broker shall not directly or indirectly solicit, receive, or accept from a borrower an advance fee as consideration for providing services as a loan broker. A loan broker’s fee mayonly be assessed or collected from a borrower after the successful procurement of a loan orissuance of a credit card. 93 Acts, ch 60, §15Referred to in §714.16 Sat Dec 23 01:38:21 2023 Iowa Code 2024, Section 535C.2A (16, 1)
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