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TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 37-1-304 SO AS TO REQUIRE A SELLER WHO USES A CONSUMER'S CREDIT SCORE TO DETERMINE THE PRICE OF A SERVICE TO DISCLOSE THE SCORE TO THE CONSUMER ON THE CONSUMER'S INVOICE.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Chapter 1, Part 3, Title 37 of the 1976 Code is amended by adding:
"Section 37-1-304. A seller of services that uses a consumer's credit score to determine the price of the services must report the score to the consumer on the consumer's invoice."
SECTION 2. This act takes effect upon approval by the Governor.
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