Ad

South Carolina Payday Loans up to $550
Get instant Payday Loans in SC. Compare loans in South Carolina, apply for the necessary cash advance online now.
Apply for up to $550 South Carolina Payday Loans! For bad credit. With no credit check. Fill out a simple and fast application form which takes only a few minutes to find out if you qualify for a loan in South Carolina. Get the money deposited into your bank account the same or next business day.
Apply for Payday Loans in South Carolina from the Best Direct Lenders Online or find a Loan Store near your location.
START ONLINE APPLICATION
COMPACOM – Compare Companies Online
Cash Advance and other Money Offers in South Carolina:
Ad
South Carolina Payday Loans Near Me
Apply for Online Payday Loans and get instant decision from top lending organizations
Top Rated Payday Loan Companies

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000. But it may vary depending on the lender and his requirements.
The minimal percentage allowed that actually represents monthly cost of your loan. The MPR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.
Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000 for Payday Loans, $1000 - $5000 for Installment loans, and up to $15,000 for Personal loans. But it may vary depending on the lender and his requirements.
The minimal percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.
Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000. But it may vary depending on the lender and his requirements.
The minimal percentage allowed that actually represents the cost of your loan charged for a month. It's more important for the customer as mostly Payday loan are borrowed for a month term and paid off with the next paycheck.
Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000 for Payday Loans, $1000 - $5000 for Installment loans, and up to $15,000 for Personal loans. But it may vary depending on the lender and his requirements.
The percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.
Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.
Are Payday Loans Legal in South Carolina?
Loan Rates and Fees, Laws and Regulations in South Carolina.
Payday loans in South Carolina are legal in the amount up to $550. Larger sums are available within Installment ($1000 - $5000) or Personal ($5000 - $35000) loans. According to S.C. Code §§ 34-39-110 et seq1 the maximum term for a Payday cash advance is 31 days. The APR is 390%. The lenders are allowed to charge 15% of the principal amount, which is $15 for a 14-day $100 loan.
No rollovers are permitted. But once per twelve months, you can apply for a repayment plan. After the eighth loan is repaid there must be a 2 day cooling-off period.
Law status | legal |
MIN Loan Amount | None |
MAX Loan Amount | $550 |
MIN. Loan Term | None |
MAX. Loan Term | 31 days |
MAX APR | 390% |
Additional fees | 15% maximum |
NSF fee | Not more than $10 of a check |
Collateral or guarantor | None, unsecured |
Number of simultaneous loans | Not limited |
Cooling off period | 2 business days after 8 consecutive loans |
Rollover | Not allowed |
Extension, repayment plan | Repayment plan once a year |
Default penalties | Not stated |
Credit score requirements | Available for Bad Credit |
PayDay Loan Calculator
Before you apply for a short-term cash advance online consider other Payday Loan alternatives:
- Installment Loans and Personal Loans online
- Debt Consolidation Loans, Credit Builder Loans, Credit Cards
- Social services and local assistance programs
- Additional part-time jobs or some side gigs and freelance opportunities to earn extra cash
- Recycling for money
- Help from your employer, creditors, family and friends
- Traditional banks or credit unions.
Applying for a short-term Payday Loan you should be very careful and responsible. Plan your budget carefully not to default on the loan. Avoid rollovers, renewals, or extensions. It'll help you get out of Payday debt fast and easy.
How Online Payday Loans in South Carolina work
Any resident of South Carolina can apply for a Payday Loan both online and in-store. The process of applying online is quick and simple:
- Shop around to choose the best Payday Loans;
- Fill out the necessary information in the application form;
- Get the money deposited into your account within 1 business day;
- Repay the loan with your next paycheck.
Requirements to qualify for a Payday Loan in South Carolina:
What do I need to qualify for a short-term cash advance?
Independent lenders have their own individual requirements that must be met, but typical minimum requirements include, but may not be limited to:
- South Carolina (US) residence
- Minimum regular income of $1,000 per month
- Valid checking or savings account with direct deposit
- Phone number and e-mail address (if applying online, you must be able to be contacted via phone if verification of application information is necessary)
- Not be a regular or reserve member of the Air Force, Army, Coast Guard, Marine Corps or Navy (or be a dependent of someone who is,) serving on active duty under a call or order that does not specify a period of 30 days or fewer.
- If applying Online, you must provide a valid Social Security Number
- If applying at Loan Store, you must bring a valid government issued photo ID. A Social Security Number might not be required
- If applying in-store, you must bring proof of income and proof of a bank checking account. Debit cards or pre-printed checks may be accepted in your state as proof of bank checking account; contact your local store for details. Acceptable documents may vary by state.
FAQ
Ad
Ask an expert
Any comments or reviews made on this website are only individual opinions of the readers and followers of the website. The website and its authors team are not responsible, nor will be held liable, for anything anyone says or writes in the comments. Further, the author is not liable for its’ readers’ statements nor the laws which they may break in the USA or their state through their comments’ content, implication, and intent.
You are about to post a question on compacom.com:
Any comments or reviews made on this website are only individual opinions of the readers and followers of the website. The website and its authors team are not responsible, nor will be held liable, for anything anyone says or writes in the comments. Further, the author is not liable for its’ readers’ statements nor the laws which they may break in the USA or their state through their comments’ content, implication, and intent.