{"data":{"id":"us-sc/s.c.-code-ann.-37-2-104","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 37-2-104","heading":"\"Consumer credit sale\" defined.","body":"(1) Except as provided in subsection (2), \"consumer credit sale\" is a sale of goods, services, or an interest in land in which:\n(a) credit is granted by a person who regularly engages as a seller in credit transactions of the same kind;\n(b) the buyer is a person other than an organization;\n(c) the goods, services, or interest in land are purchased primarily for a personal, family or household purpose;\n(d) either the debt is payable in installments or a credit service charge is made; and\n(e) with respect to a sale of goods or services, the amount financed does not exceed twenty-five thousand dollars.\n(2) Unless the sale is made subject to this title by agreement (Section 37-2-601), \"consumer credit sale\" does not include:\n(a) a sale in which a seller allows the buyer to purchase goods or services pursuant to a lender credit card or similar arrangement, or\n(b) a sale of an interest in land if the debt is secured by a first lien or equivalent security interest in real estate.\nCredit sales excluded from the definition of a consumer credit sale pursuant to this subsection are subject to the following provisions of this title: civil liability for violation of disclosure (Section 37-5-203) and voluntary complaint resolution (Section 37-6-117); and in credit sales excluded pursuant to item (b) limitations on selection of a closing attorney and insurance agent (Section 37-10-102(a)) and notice of assumption rights (Section 37-10-102(c)).\n(3) In the case of a consumer credit sale pursuant to a seller credit card the person engaged in making such credit sale is the card issuer and not another person honoring such credit card.","path":["Title 37 - CONSUMER PROTECTION CODE","CHAPTER 2 Credit Sales","Part 1 General Provisions"],"source_url":"https://www.scstatehouse.gov/code/t37c002.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:09:14Z","sha256":"27da92afd6d2219a0693e529308cb094df8754dfe00735d5153f85b69b1fe91b","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-37-2-103","next":"us-sc/s.c.-code-ann.-37-2-105"},"notice":"GroundRules: Original legal text. Not legal advice."}