South Carolina Code 37-10-103. Prepayment of loans of one hundred fifty thousand dollars or less
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Terms Used In South Carolina Code 37-10-103
- Lien: A claim against real or personal property in satisfaction of a debt.
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.