With respect to a supervised loan with a loan finance charge in excess of eighteen percent per year and in which the principal is $1,000 or less, the agreement may not provide for the payment by the debtor of attorney's fees. A provision in violation of this section is unenforceable.
S.C. Code Ann. § 37-3-514
Limitation on attorney's fees
Known as the South Carolina Consumer Protection Code
The act spans §§ 37–37 (347 sections).
1976 Act No. 686 SECTION 2.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.