The DocMagic System and Default Late Fees matrix have been updated to reflect the July 1, 2010, increased late fee dollar amounts for loans made under the consumer credit codes in Oklahoma and South Carolina.  The following changes were made: (i) Oklahoma late fee dollar amount was $22.00, changed to $22.50; and (ii) South Carolina maximum late fee dollar amount was $16.50, changed to $17.00, and minimum late fee dollar amount was $6.60, changed to $6.80.  The late fee dollar amounts for both Indiana and Minnesota remained the same.

Link to State-Specific Announcements: Indiana, Minnesota, Oklahoma and South Carolina.