South Carolina Statutes

§ 37-10-103 — Prepayment of loans of one hundred fifty thousand dollars or less.

South Carolina·Title 37 CONSUMER PROTECTION CODE·Ch. 10 MISCELLANEOUS LOAN PROVISIONS
The debtor may prepay in full at any time without penalty the debt represented by a personal, family, or household purpose loan agreement that is secured in whole or in part by a first or junior lien on real estate if the aggregate of all sums advanced will not exceed one hundred fifty thousand dollars.

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South Carolina § 37-10-103 (Prepayment of loans of one hundred fifty thousand dollars or less.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 1982 Act No. 385, SECTION 56; 1984 Act No. 355, SECTION 11; 2003 Act No. 42, SECTION 2.A, eff Jan. 1, 2004, and applying to loans for which the loan applications were taken on or after that date.

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