{"data":{"id":"us-sc/s.c.-code-ann.-37-3-104","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 37-3-104","heading":"\"Consumer loan\" defined.","body":"Except as provided in Section 37-3-105, \"consumer loan\" is a loan made by a person regularly engaged in the business of making loans in which:\n(a) the debtor is a person other than an organization;\n(b) the debt is incurred primarily for a personal, family, or household purpose;\n(c) either the debt is payable in installments or a loan finance charge is made; and\n(d) either the principal does not exceed twenty-five thousand dollars or the debt is secured by an interest in land.","path":["Title 37 - CONSUMER PROTECTION CODE","CHAPTER 3 Loans","Part 1 General Provisions"],"source_url":"https://www.scstatehouse.gov/code/t37c003.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:09:19Z","sha256":"d0de1f626083081ab76177100f6185021035f8b92f84a64c8bc35bcf91ea4dde","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-37-3-103","next":"us-sc/s.c.-code-ann.-37-3-105"},"notice":"GroundRules: Original legal text. Not legal advice."}