High Cost Loan Checklist 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 High Cost Loan Checklist?
A: The High Cost Loan Checklist is a document required by South Carolina law for certain high-cost loans.
Q: Which loans require the High Cost Loan Checklist?
A: The High Cost Loan Checklist is required for certain high-cost loans, as defined by South Carolina law.
Q: What information is included in the High Cost Loan Checklist?
A: The High Cost Loan Checklist includes information about the loan terms, fees, and costs associated with the loan.
Q: Why is the High Cost Loan Checklist important?
A: The High Cost Loan Checklist is important because it provides transparency and helps borrowers understand the terms and costs of high-cost loans.
Q: What should I do if I have questions about the High Cost Loan Checklist?
A: If you have questions about the High Cost Loan Checklist, you should contact your lender or seek legal advice.
Q: Is the High Cost Loan Checklist required in all states?
A: No, the High Cost Loan Checklist is specific to South Carolina and may not be required in other states.
Q: What should I do if I believe a lender has not provided the High Cost Loan Checklist?
A: If you believe a lender has not provided the High Cost Loan Checklist when required, you should report it to the appropriate regulatory authorities.
Q: Can I refuse to sign the High Cost Loan Checklist?
A: While you have the right to refuse to sign the High Cost Loan Checklist, it is important to understand the implications of doing so and seek legal advice if necessary.
Q: How can I protect myself when applying for a high-cost loan?
A: To protect yourself when applying for a high-cost loan, you should review the loan terms and costs, ask questions, and consider seeking advice from a trusted source, such as a financial counselor or attorney.
Form Details:
Download a printable version of the form by clicking the link below or browse more documents and templates provided by the South Carolina Department of Consumer Affairs.