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.

Authority: T.C.A. § 4-5-104 and Chapter 203 of the Public Acts of 1979. Administrative History: Original rule filed July 16, 1979; effective August 30, 1979.