The result is particularly notable for South Carolina, which prior to its changes had a single-loan size limit of $300 After the first law change the single-loan limit increased to $500 but simultaneous loans were still legal, effectively making it easier to borrow much larger amounts The pooled regressions found no relationship between simultaneous borrowing… Continue reading The result is particularly notable for South Carolina, which prior to its changes had a single-loan size limit of $300