How Can I Fix GTA 5 Social Club Error (Code 16) – Can't Play on PC

When I try to launch GTA 5, it gets stuck on loading, which is normal. However, after that, I get an error message saying:

"The Social Club failed to load due to an incomplete installation (code 16). Please exit the game and reinstall the latest version of Social Club."

Because of this issue, I cannot play GTA 5 on my PC—it only works on my PS4. I have already reinstalled Social Club, restarted my computer, and tried different fixes, but nothing works.

Rockstar, please provide a real solution! I need to be able to play the game I paid for without these frustrating errors. Fix this now!