Initial Consumer Credit Grantor Notification for Rent-To-Own Businesses - South Carolina

Initial Consumer Credit Grantor Notification for Rent-To-Own Businesses is a legal document that was released by the South Carolina Department of Consumer Affairs - a government authority operating within South Carolina.

FAQ

Q: What is an Initial Consumer Credit Grantor Notification?
A: It is a notification required for rent-to-own businesses in South Carolina.

Q: What is a rent-to-own business?
A: A rent-to-own business is a company that allows consumers to rent household goods or furniture with an option to purchase at a later time.

Q: Why is an Initial Consumer Credit Grantor Notification required?
A: It is required to inform consumers about their rights and obligations when entering into a rent-to-own agreement.

Q: What information should be included in the notification?
A: The notification should include the business name, address, contact information, as well as details about pricing, fees, and the consumer's right to cancel the agreement.

Q: Do all rent-to-own businesses need to provide this notification?
A: Yes, all rent-to-own businesses in South Carolina are required to provide the Initial Consumer Credit Grantor Notification.