S.C. Code § 37-3-515

Current through 2024 Act No. 209.
Section 37-3-515 - Loan renewal limitations

A licensed lender may not renew a loan of one thousand dollars or less more than one time during any fifteen-month period where the dollars actually given to the customer is less than ten percent of the net outstanding loan balance at the time of renewal.

S.C. Code § 37-3-515

1995 Act No. 135, Section 15.