Consumer default--Fees incident to extension of credit

SDCL § 54-4-44.3 — under MONEY LENDING LICENSES.

SDCL § 54-4-44.3

For the purposes of § 54-4-44 for all loans, late fees, return check fees, and attorney's fees incurred upon consumer default are not fees "incident to the extension of credit." Source: SL 2017, ch 205 , § 4.