There is no specified limit on the number of loans a borrower can have at one time. Collection fees are limited to the lesser of $10 or the actual bank charge.
Regulating the fine line of payday lending in South Carolina is the South Carolina Code of Laws.
We at PayDayAllDay strongly suggest our consumers to do their research, and carefully analyze and compare the terms of services, rates, fees, and other conditions offered by several lenders before engaging in any borrowing activity.
