{"data":{"id":"us-sc/s.c.-code-ann.-37-2-206","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 37-2-206","heading":"Credit service charge on consolidation.","body":"If a buyer owes an unpaid balance to a seller with respect to a consumer credit sale, refinancing, or consolidation, and becomes obligated on another consumer credit sale, refinancing, or consolidation with the same seller, the parties may agree to a consolidation resulting in a single schedule of payments pursuant to either of the following subsections:\n(1) The parties may agree to refinance the unpaid balance with respect to the previous sale pursuant to the provisions on refinancing (Section 37-2-205) and to consolidate the amount financed resulting from the refinancing by adding it to the amount financed with respect to the subsequent sale. The seller may contract for and receive a credit service charge based on the aggregate amount financed resulting from the consolidation at a rate not exceeding that permitted by the provisions on credit service charge for consumer credit sales (Section 37-2-201).\n(2) The parties may agree to consolidate by adding together the unpaid balances with respect to the two sales.","path":["Title 37 - CONSUMER PROTECTION CODE","CHAPTER 2 Credit Sales","Part 2 Maximum Charges"],"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":"8f2990eaf26104f0f91e7e85e989f160dd246267fea39543e002a57706176f0e","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-37-2-205","next":"us-sc/s.c.-code-ann.-37-2-207"},"notice":"GroundRules: Original legal text. Not legal advice."}