South Carolina Finance Licensing
Licenses are typically required for individuals and businesses that provide finance industry services in the United States. This guide contains information about professional finance licensing in South Carolina.
Company Licenses
South Carolina Financial Services Company Licenses
South Carolina Collection Agency License
Not required
Debt Collection Agency licensure is not required on the State level in South Carolina.
South Carolina does not currently issue licenses for collection agencies.
South Carolina Sales Finance Company License
Not required
Sales Finance Company licensure is not required on the State level in South Carolina.
Entities that are involved solely in retail sales agreement transactions are not required to be licensed by the CFD.
More information: South Carolina Board of Financial Institutions - Consumer Finance DivisionSouth Carolina Supervised Lender Company License
Agency: | South Carolina Board of Financial Institutions - Consumer Finance Division |
Foreign Qualification is Prerequisite: | Yes |
Exam Required? | Not Set |
Registered Agent (Special Agency) Required? | Yes |
Initial Registration
Instructions: | |
Filing Method: | |
Agency Fee: | $300 application fee + $15 credit report fee |
Registration Renewal
Filing Method: | |
Agency Fee: | $600 |
Due: | Annually by December 31. |
Supplemental Reporting
Agency Fee: | $0 |
Due: | Annually by April 15. |
Law: | |
Notes: | On or before April fifteenth each year every licensee shall file with the board a composite annual report in the form prescribed by the board relating to all supervised loans made by him. The report shall include, but is not limited to, the following:
|