South Carolina Retail Charge Account Agreement Initial Disclosure Statement
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How to fill out Retail Charge Account Agreement Initial Disclosure Statement?
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SECTION 37-2-104. "Consumer credit sale" defined. (e) with respect to a sale of goods or services, the amount financed does not exceed twenty-five thousand dollars. (b) a sale of an interest in land if the debt is secured by a first lien or equivalent security interest in real estate.
Title 12 - Taxation. Chapter 36 - THE SOUTH CAROLINA SALES AND USE TAX ACT. Section 12-36-1710 - Excise tax on casual sales of motor vehicles, motorcycles, boats, motors, and airplanes; exclusions; payment of tax as prerequisite to titling, licensing, or registration.
37-23-80: Prohibits prepayment penalties for loans less than $150,000.
Code Section 12-36-920(A) imposes "a sales tax equal to seven percent on the gross proceeds derived from rental or charges for any rooms, campground spaces, lodgings, or sleeping accommodations furnished to transients by any hotel, inn, tourist court, tourist camp, motel, campground, residence, or any place in which ...
Title 12 - Taxation. Chapter 36 - THE SOUTH CAROLINA SALES AND USE TAX ACT. Section 12-36-1710 - Excise tax on casual sales of motor vehicles, motorcycles, boats, motors, and airplanes; exclusions; payment of tax as prerequisite to titling, licensing, or registration.
Interest Rates Laws in South Carolina Code SectionSouth Carolina Code of Laws 34-31-20: Legal Rate of InterestLegal Maximum Rate of Interest8.75% (§34-31-20)Penalty for Usury (Unlawful Interest Rate)Usury penalty laws repealed June 25, 1982, but old law may apply to transactions before then (formerly §34-31-50)2 more rows
Chapter 36 - South Carolina Sales And Use Tax Act. Section 12-36-2110. Maximum tax on sale or lease of certain items; calculation of tax on manufactured homes; maximum tax on purchase of certain property by religious organizations; maximum tax on sale or use of machinery for research and development.
SECTION 37-3-104. "Consumer loan" defined. (d) either the principal does not exceed twenty-five thousand dollars or the debt is secured by an interest in land.
(A) A sales tax, equal to five percent of the gross proceeds of sales, is imposed upon every person engaged or continuing within this State in the business of selling tangible personal property at retail.
Debt Collection Laws in South Carolina Residents of South Carolina fall under the Federal Debt Collections Protection Act, which prohibits collection agencies from harassing borrowers or using unfair or misleading tactics to collect debts.