Why get an Online Loan in South Carolina?
We get it. Sometimes, emergency expenses like household expenses come up and you need to get cash
immediately. On the other hand, you don't have the income or credit to put it on your credit card.
Thankfully, getting an online loan in South Carolina is quick and easy. It doesn't matter if you live
in Columbia, Charleston, Mount Pleasant, or Rock Hill, you can you loan deposited the same business day or if applying after 11am, the next business day.
How Much do Online Payday Loans in South Carolina Cost?
The maximum annual percentage rate allowed by law in South Carolina is 782.14% APR.
Finance Charges
Often, the APR includes the interest rate plus fees. In South Carolina, lenders may charge a maximum
of 15% of the loan amount.
Representative Example
For example, Venice has an unexpected household expenses expense and needs cash
immediately. They can borrow up to $550 for up to 31 days
at 782.14% APR. The high APR can make this example loan extremely expensive; Venice will pay back a total of $908 including a total of $358 in interest and fees!
What You Need
Before you can get an online loan in South Carolina, this is what you will need:
- You must be at least 18 years old
- Valid South Carolina driver license or government issued ID
- Checking or savings account
- Most recent pay stub
Terms for Online Payday Loans in South Carolina
Maximum loan terms in South Carolina:
- Maximum loan amont: $550
- Maximum rate, including fees: 782.14%
- Maximum loan length: $550
