Last Update 12/05/05

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SUMMARY

Please note that the date of the entry is when it was placed on this site...not necessarily when it actually happened!

04/30/99 - Title Lenders Act (SB 661) and Deferred Presentment Bill (SB 434) as of late have become fairly active. SB 661 has been made "Special Order," and SB 434 has passed the Senate and is off to the house.

04/28/99 - Title Lenders Act (SB 661) caps interest as follows:
$100 - 22.5% or $22.50 for 30 days
$200 - 19% or $37.50 for 30 days
$300 - 16% or $47.50 for 30 days
$400 - 14% or $57.50 for 30 days
and so on...This bill has been made "Special Order" by the SC Senate on 4/27/99.

SOUTH CAROLINA STATE WEBSITE

SC - This links directly to the South Carolina Legislation search page.  Do your search on SB 661.