Loan renewal limitations.
S.C. Code Ann. § 37-3-515
in effectA 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. Part 6 Loans Other Than Consumer Loans
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t37c003.phpFetched: 10/17/2026