{"data":{"id":"us-sc/s.c.-code-ann.-37-3-106","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 37-3-106","heading":"\"Loan\" defined.","body":"\"Loan\" includes:\n(1) the creation of debt by the lender's payment of or agreement to pay money to the debtor or to a third party for the account of the debtor;\n(2) the creation of debt by a credit to an account with the lender upon which the debtor is entitled to draw immediately;\n(3) the creation of debt pursuant to a lender credit card or similar arrangement; and\n(4) the forbearance of debt arising from a loan.","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":"e8d0d0c5552252787a7d56a01bb077acf526e6964551bb731ab0deef7c597e9a","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-37-3-105","next":"us-sc/s.c.-code-ann.-37-3-107"},"notice":"GroundRules: Original legal text. Not legal advice."}
