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S 488
  • Introduced
    Mar 25, 2025
  • Passed Senate
  • Passed House
  • Signed into Law
S 488
South Carolina Senate Bill
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A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 39-5-30 SO AS TO MAKE IT UNLAWFUL FOR ANY PERSON PROVIDING A CONSUMER INSTALLMENT LOAN OR DEFERRED PRESENTMENT LOAN TO ENGAGE IN PREDATORY CONSUMER LOAN PRACTICES; AND BY ADDING SECTION 37-3-516 SO AS TO CREATE A DATABASE THROUGH THE CONSUMER FINANCE DIVISION OF THE BOARD OF FINANCIAL INSTITUTIONS TO COLLECT DATA AND TO PREVENT A PERSON FROM HAVING A SUPERVISED OR RESTRICTED LOAN TRANSACTION THAT EXCEEDS THE LIMITS FOR REFINANCING LOANS.
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Senate • Mar 25, 2025: Referred to Committee on Labor, Commerce and Industry
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  • Mar 25, 2025 | Senate
    • Introduced and read first time
    • Referred to Committee on Labor, Commerce and Industry
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