Renewal Maximum Rate Schedule - Consumer Loans is a legal document that was released by the South Carolina Department of Consumer Affairs - a government authority operating within South Carolina.
Q: What is the Renewal Maximum Rate Schedule for Consumer Loans in South Carolina?
A: The Renewal Maximum Rate Schedule is the maximum interest rates that can be charged for consumer loans in South Carolina.
Q: What are consumer loans?
A: Consumer loans are loans taken out by individuals for personal use, such as auto loans, credit card debt, or personal loans.
Q: Why is there a maximum rate for consumer loans?
A: The maximum rate is set to protect consumers from excessive interest charges and predatory lending practices.
Q: Are there different maximum rates for different types of consumer loans?
A: Yes, the maximum rates vary based on the type and amount of the loan.
Form Details:
Download a fillable version of the form by clicking the link below or browse more documents and templates provided by the South Carolina Department of Consumer Affairs.