South Carolina Code 37-3-405. Charges as a result of default prohibited except as authorized by title
Current as of: 2023 | Check for updates
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Except for reasonable expenses incurred in realizing on a security interest, the agreement with respect to a consumer loan may not provide for charges as a result of default by the debtor other than those authorized by this title. A provision in violation of this section is unenforceable. This section does not prohibit or limit delinquency or deferral charges.