S.C. Code § 37-2-414

Current through 2024 Act No. 209.
Section 37-2-414 - Limitation on default charges

Except for reasonable expenses incurred in realizing on a security interest, the agreement with respect to a consumer credit sale may not provide for any charges as a result of default by the buyer other than those authorized by this title. A provision in violation of this section is unenforceable.

S.C. Code § 37-2-414

1974 (58) 2879; 1962 Code Section 8-800.204.