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Payday Loans in Charleston, South Carolina
Get the cash you need without leaving your house. Apply online for Payday Loans from top direct lenders in Charleston, SC and avoid visiting loan stores.
Get a short-term cash advance with no credit check and no bank account required in Charleston, SC. Just fill out a free online application form and get an instant decision from multiple lending companies within minutes.
Whenever you need emergency financing, you can get Online Payday Loans in South Carolina from a legit lending company. Check your rates and terms and apply for the necessary amount of cash advance online now.
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Are Payday Loans Legal in Charleston, SC ?
Loan Rates and Fees, Laws and Regulations in South Carolina.
Payday loans in South Carolina are legal in amounts up to $550. 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 |
Where Find the Best Loan Companies in Charleston, South Carolina?
If you're looking for a loan company in Charleston, South Carolina, there are several options available. One of the best ways to find a reputable loan company is to ask for recommendations from friends or family members who have used such services before. You can also search online for loan companies in Charleston, SC, and read customer reviews to get an idea of their reputation.
You can also look for loan companies that are members of reputable industry associations, such as the American Financial Services Association.
When choosing a loan company in Charleston, SC, make sure to read the terms and conditions carefully and understand the interest rates and fees involved. A reputable loan company will be transparent about their rates and fees and should be willing to answer any questions you may have.
Overall, it's important to do your research and choose a loan company that you can trust to provide you with fair and transparent lending services.
How to Get Payday Loans with No Credit Check in Charleston, SC?
You can easily get no credit check payday loans same day in Charleston, SC. If you need a payday loan in Charleston, SC, but have bad credit or no credit history, you may still be able to get approved for a loan. Some payday loan companies offer no credit check loans, which means they don't check your credit history when evaluating your application.
To get a no credit check payday loan in Charleston, SC, you will typically need to provide proof of income and a valid ID. You may also need to provide a post-dated check or authorize the lender to withdraw the loan amount and fees directly from your bank account on your next payday.
It's important to note that no credit check payday loans often come with high interest rates and fees, so it's important to carefully read and understand the terms and conditions of the loan before agreeing to it. Additionally, payday loans should only be used as a last resort and not as a long-term solution to financial problems.
Overall, if you need a payday loan with no credit check in Charleston, SC, be sure to do your research and choose a reputable lender with transparent lending practices.
What are the Eligibility Criteria for Payday Loans in Charleston, SC?
The eligibility criteria for payday loans in Charleston, SC, may vary depending on the lender. Generally, to be eligible for a payday loan, you must be at least 18 years old, have a steady source of income, and have a valid ID.
Some lenders may also require you to have an active checking account, while others may accept prepaid debit cards or savings accounts. You may also need to provide proof of income, such as pay stubs or bank statements, to show that you can repay the loan.
It's important to note that payday loans often come with high interest rates and fees, and should only be used as a last resort for emergency expenses. Additionally, if you're unable to repay the loan on time, you may incur additional fees and damage your credit score.
Overall, if you're considering a payday loan in Charleston, SC, be sure to carefully read and understand the terms and conditions of the loan before agreeing to it. Only borrow what you can afford to repay, and choose a reputable lender with transparent lending practices.
Summary
In conclusion, obtaining a loan in Charleston, South Carolina, requires careful research and consideration of various factors, including the reputation of the loan company, the terms and conditions of the loan, and the eligibility criteria. Whether you're looking for a traditional loan or a payday loan with no credit check, it's important to choose a reputable lender with transparent lending practices and to borrow responsibly. Always read the terms and conditions of the loan carefully and only borrow what you can afford to repay to avoid falling into debt and damaging your credit score.
Cash Advance and other Money Offers in Charleston, SC
Payday Loans Available in Charleston, SC by the following ZIP codes:
Payday Loan Amounts in Charleston, SC
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Easy online application
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Bad credit is OK
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Instant approval
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No credit check considered
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Competitive rates
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Same day financing
In 2024 there are 134,385 people living in Charleston, SC. According to the statistics, 8063 of them look for "Payday Loans Near Me in Charleston, SC" or apply for Charleston Payday Loans online in need of emergency short-term financing. No wonder, these people request instant cash as their median household income is 55546. That's why COMPACOM was designed - to help customers complete a quick and easy application form 100% online and get guaranteed approval from the best Charleston, South Carolina direct lenders.