Best Personal Loans South Carolina, Bad Credit Payday Loan Laws 2020 - Elite Personal Finance
Loans By State

Best Personal Loans South Carolina, Bad Credit Payday Loan Laws 2020

EPF Last Update: May 30, 2020
View All Studies

Best Personal Loans for Bad Credit in South Carolina 2020

Amount

$500 – $5,000

Min Credit Score

0

APR

5.99% – 35.99%

Approval

< 1 Day

Terms

3 – 36 Months

Licensed in South Carolina

Not a direct lender

Amount

$100 - $2,500

Min Credit Score

0

APR

Vary by State

Approval

< 1 Day

Terms

1 - 36 Months

Licensed in South Carolina

Yes

Amount

$1,000 – $5,000

Min Credit Score

0

APR

Vary By State

Approval

< 1 Day

Terms

9 – 36 Months

Licensed in South Carolina

Yes

Amount

$100 – $1,000

Min Credit Score

0

APR

Vary By State

Approval

< 1 Day

Terms

7 – 30 Days

Licensed in South Carolina

Yes

Amount

$1,000 – $10,000

Min Credit Score

0

APR

5.99% – 35.99%

Approval

< 1 Day

Terms

2 – 5 Years

Licensed in South Carolina

Not a direct lender

Amount

$1,000 – $50,000

Min Credit Score

500

APR

3.99% – 35.99%

Approval

< 1 Day

Terms

1 – 5 Years

Licensed in South Carolina

Yes

Amount

$1,000 – $35,000

Min Credit Score

0

APR

5.99% – 35.99%

Approval

< 1 Day

Terms

2 – 5 Years

Licensed in South Carolina

Yes

Amount

$1,000 – $100,000

Min Credit Score

500

APR

5.34% – 35.99%

Approval

< 1 Day

Terms

90 Days – 72 Months

Licensed in South Carolina

Yes

Amount

$1,000 - $100,000

Min Credit Score

0

APR

4.99 - 35.99%

Approval

< 1 Day

Terms

12 - 120 months

Licensed in South Carolina

Yes

Amount

$1,000 – $35,000

Min Credit Score

580

APR

5.99% – 35.99%

Approval

< 1 Day

Terms

90 Days – 72 Months

Licensed in South Carolina

Not a direct lender

Best Good Credit Loans in South Carolina 2020

Amount

$1,000 - $100,000

Min Credit Score

0

APR

4.99 - 35.99%

Approval

1 Day

Terms

12 - 120 months

Licensed in South Carolina

Yes

Amount

$2,000 - $40,000

Min Credit Score

640

APR

6.95% - 35.99%

Approval

1 - 3 Days

Terms

36 - 60 months

Licensed in South Carolina

Yes

Amount

$1,000 – $100,000

Min Credit Score

0

APR

4.99 - 35.99%

Approval

1 Day

Terms

12 - 120 months

Licensed in South Carolina

Yes

Amount

$1,000 – $35,000

Min Credit Score

580

APR

5.99% – 35.99%

Approval

< 1 Day

Terms

90 Days – 72 Months

Licensed in South Carolina

Yes

Amount

$1,000 – $50,000

Min Credit Score

500

APR

3.99% – 35.99%

Approval

< 1 Day

Terms

1 – 5 Years

Licensed in South Carolina

Yes

Amount

$1,000 – $35,000

Min Credit Score

0

APR

5.99% – 35.99%

Approval

< 1 Day

Terms

2 – 5 Years

Licensed in South Carolina

Yes

Amount

$1,000 – $50,000

Min Credit Score

600

APR

6.98% – 35.89%

Approval

< 1 Day

Terms

3 - 5 Years

Licensed in South Carolina

Yes

Amount

$5,000 – $35,000

Min Credit Score

640

APR

5.99% – 24.99%

Approval

1 – 7 Days

Terms

2 -5 Years

Licensed in South Carolina

Yes

Amount

$2,500-$35,000

Min Credit Score

660

APR

6.99-24.99%

Approval

1 Day

Terms

24 - 84 Months

Licensed in South Carolina

Yes

Amount

$7,500 - $40,000

Min Credit Score

680

APR

6 - 15%

Approval

1 - 7 Days

Terms

36 - 84 months

Licensed in South Carolina

Yes

You can also check out our full list of recommended lenders.

Shop Around

Our Loan Calculator Will Help You!

Loan Payment Calculator

$

Or

Monthly Payments

$0

Total Principal Paid$0

Total Interest Paid$0

Want this calculator on Your Site? Get it free from us copy the code below

<iframe id="best-loans-sc" name="best-loans-sc" src="https://www.elitepersonalfinance.com/calculators/loan-payment-calculator-source/" allowtransparency="true" onload="this.style.height=(this.contentDocument.body.scrollHeight+45) +'px';" scrolling="no" style="width:100%;border:none;"></iframe>

Payday Loan Laws in South Carolina 2020

According to the law in South Carolina, payday loans are legit but regulated. In South Carolina, payday loans are legally called deferred presentment services.

At this time, the law allows lenders to charge up to 391% APR to those with bad credit. This make the allowed loans in South Carolina very expensive. The risk of debt cycle is high.

That’s why the law put some prevention to that:

  • The amount can’t exceed $550.
  • The highest loan terms can’t exceed 31 days.
  • The law doesn’t allow rollovers.
  • Rates can’t exceed 15%.
  • The law require a written contract signed by both a borrower and a lender. In it, the lender should disclose carefully the loan terms including the name of the lender, the date of the transaction, its amount plus all rates and fees. This still work as a prevention measure because, in many cases people are forced to sign the contract online without, having time to read them carefully.

We at ElitePersonalFinance consider payday loans for predatory. We highly recommend that people avoid them. Many of our studies prove that people get payday loans mainly because of manipulation and lack of knowledge on that topic.

In 2020 the lending market is much more flexible and people with very low credit score qualify for personal loans, that are capped at 35,99% – much more better that traditional payday loans that average at 400% APR.

For this reason we have created the most advanced guide on bad credit loans. There we will show you how you can get much more cheaper loans, even if you are with bad credit. We highly recommend that you read the guide carefully.

Payday Loan Laws in South Carolina by Country

ElitePersonalFinance analysis of payday loan laws by countries in the State of South Carolina.

CityAmount AllowedAPR AllowedStatus
Charleston$550391%Legal
Columbia$550391%Legal
North Charleston$550391%Legal
Mount Pleasant$550391%Legal
Rock Hill$550391%Legal
Greenville$550391%Legal
Summerville$550391%Legal
Goose Creek$550391%Legal
Sumter$550391%Legal
Hilton Head Island$550391%Legal
Florence$550391%Legal
Spartanburg$550391%Legal
Myrtle Beach$550391%Legal
Aiken$550391%Legal
Greer$550391%Legal
Anderson$550391%Legal
Mauldin$550391%Legal
Socastee$550391%Legal
Greenwood$550391%Legal
Hanahan$550391%Legal
Conway$550391%Legal
North Augusta$550391%Legal
Taylors$550391%Legal
St. Andrews$550391%Legal
Simpsonville$550391%Legal
Lexington$550391%Legal
Wade Hampton$550391%Legal
Easley$550391%Legal
Bluffton$550391%Legal
Five Forks$550391%Legal
West Columbia$550391%Legal
Clemson$550391%Legal
Fort Mill$550391%Legal
North Myrtle Beach$550391%Legal
Seven Oaks$550391%Legal
Red Hill$550391%Legal
Ladson$550391%Legal
Gantt$550391%Legal
Berea$550391%Legal
Dentsville$550391%Legal
Cayce$550391%Legal
Beaufort$550391%Legal
Orangeburg$550391%Legal
Parker$550391%Legal
Lake Wylie$550391%Legal
Gaffney$550391%Legal
Port Royal$550391%Legal
Irmo$550391%Legal
James Island$550391%Legal
Oak Grove$550391%Legal
Forest Acres$550391%Legal
Newberry$550391%Legal
Moncks Corner$550391%Legal
Garden City$550391%Legal
Tega Cay$550391%Legal
Woodfield$550391%Legal
Red Bank$550391%Legal
Little River$550391%Legal
Murrells Inlet$550391%Legal
Boiling Springs$550391%Legal
Lancaster$550391%Legal
Powdersville$550391%Legal
Georgetown$550391%Legal
Laurens$550391%Legal
Sans Souci$550391%Legal
Fountain Inn$550391%Legal
Clinton$550391%Legal
Lugoff$550391%Legal
Bennettsville$550391%Legal
Seneca$550391%Legal
Burton$550391%Legal
York$550391%Legal
Union$550391%Legal
Sangaree$550391%Legal
Hartsville$550391%Legal
Welcome$550391%Legal
Centerville$550391%Legal
Camden$550391%Legal
Lake City$550391%Legal
Marion$550391%Legal
Valley Falls$550391%Legal
Laurel Bay$550391%Legal
Dillon$550391%Legal
Lake Murray of Richland$550391%Legal
Piedmont$550391%Legal
Homeland Park$550391%Legal
Darlington$550391%Legal
Clover$550391%Legal
Hardeeville$550391%Legal
Cheraw$550391%Legal
Forestbrook$550391%Legal
Walterboro$550391%Legal
Chester$550391%Legal
Batesburg-Leesville$550391%Legal
Central$550391%Legal
Hollywood$550391%Legal
Abbeville$550391%Legal
Travelers Rest$550391%Legal
Belvedere$550391%Legal
Edgefield$550391%Legal
Brookdale$550391%Legal
Barnwell$550391%Legal
Mullins$550391%Legal
Isle of Palms$550391%Legal
Clearwater$550391%Legal
Surfside Beach$550391%Legal
Belton$550391%Legal
Walhalla$550391%Legal
India Hook$550391%Legal
Newport$550391%Legal
Woodruff$550391%Legal
Williamston$550391%Legal
Arcadia$550391%Legal
Manning$550391%Legal
Ridgeland$550391%Legal
Dalzell$550391%Legal
Northlake$550391%Legal
Saxon$550391%Legal
Honea Path$550391%Legal
Southern Shops$550391%Legal
Saluda$550391%Legal
Elgin$550391%Legal
Dunean$550391%Legal
Lyman$550391%Legal
Graniteville$550391%Legal
Duncan$550391%Legal
Golden Grove$550391%Legal
Bamberg$550391%Legal
Winnsboro$550391%Legal
Cherryvale$550391%Legal
Liberty$550391%Legal
Pendleton$550391%Legal
Pickens$550391%Legal
Blythewood$550391%Legal
Bishopville and Kingstree$550391%Legal
Allendale$550391%Legal
Denmark$550391%Legal

Auto Title Loans in South Carolina 2020

In South Carolina car title loans are legit but with loopholes.

Loans over $600 are not subject to small-loan limits.

Best Auto Loans for Bad Credit in South Carolina 2020

Amount

$1,000 - $100,000

Min Credit Score

0

APR

From 1.99%

Licensed in South Carolina

Yes

Amount

$1,000 - $100,000

Min Credit Score

0

APR

From 1.99%

Licensed in South Carolina

Yes

Amount

Up to $100,000

Min Credit Score

0

APR

Vary

Licensed in South Carolina

Yes

Amount

Up to $100,000

Min Credit Score

0

APR

Vary

Licensed in South Carolina

Yes

Amount

Up to $100,000

Min Credit Score

0

APR

Vary

Licensed in South Carolina

Yes

Amount

$8,000 - $100,000

Min Credit Score

500

APR

2.74% - 27%

Licensed in South Carolina

Yes

Amount

$1,000 - $100,000

Min Credit Score

500

APR

From 3.09%

Licensed in South Carolina

Yes

Amount

$250 - $500,000

Min Credit Score

640

APR

2.99% - 21.99%

Licensed in South Carolina

Yes

Amount

$1,500 - $20,000

Min Credit Score

0

APR

18.00% - 35.99%

Licensed in South Carolina

Yes

Amount

$1,000 - $45,000

Min Credit Score

0

APR

From 0.99%

Licensed in South Carolina

Yes

Amount

$1,000 - $35,000

Min Credit Score

0

APR

From 1.99%

Licensed in South Carolina

Yes

Amount

$7,500 - $50,000

Min Credit Score

500

APR

From 3.39%

Licensed in South Carolina

Yes

Amount

$5,000 – $55,000

Min Credit Score

510

APR

3.99% - 24.99%

Licensed in South Carolina

Yes

Amount

$1,000 - $100,000

Min Credit Score

0

APR

3.90% - 27.90%

Licensed in South Carolina

Yes

Best Auto Loans for Good Credit in South Carolina 2020

Amount

$1,000 - $100,000

Min Credit Score

0

APR

From 1.99%

Licensed in South Carolina

Yes

Amount

$1,000 - $100,000

Min Credit Score

0

APR

From 1.99%

Licensed in South Carolina

Yes

Amount

$1,000 - $100,000

Min Credit Score

500

APR

From 3.09%

Licensed in South Carolina

Yes

Amount

$250 - $500,000

Min Credit Score

640

APR

2.99% - 21.99%

Licensed in South Carolina

Yes

Amount

$5,000-$100,000

Min Credit Score

660

APR

4.99% to 9.19%

Licensed in South Carolina

Yes

Amount

$7,500 - $50,000

Min Credit Score

500

APR

From 3.39%

Licensed in South Carolina

Yes

Amount

$8,000 - $100,000

Min Credit Score

500

APR

2.74% - 27%

Licensed in South Carolina

Yes

Amount

$1,000 - $100,000

Min Credit Score

0

APR

3.90% - 27.90%

Licensed in South Carolina

Yes

Amount

$3,000 - $100,000

Min Credit Score

650

APR

From 3.12%

Licensed in South Carolina

Yes

Amount

$5,000 - $100,000

Min Credit Score

640

APR

From 3.54%

Licensed in South Carolina

Yes

Amount

$5,000 – $55,000

Min Credit Score

510

APR

3.99% - 24.99%

Licensed in South Carolina

Yes

Amount

$5,000 - $100,000

Min Credit Score

600

APR

3.54% - 10.24%

Licensed in South Carolina

Yes

Amount

$1,500 - $20,000

Min Credit Score

0

APR

18.00% - 35.99%

Licensed in South Carolina

Yes

FHA Loans in South Carolina

South Carolina has 46 counties with FHA Limits ranging from a low of $331,760 for a 1-bedroom unit in Abbeville County to a high of $751,900 for a 4-bedroom unit in Berkeley County.

CountySingle Unit Limit (lowest)Four-Plex Limit (highest)
Abbeville County$331,760$638,100
Aiken County$331,760$638,100
Allendale County$331,760$638,100
Anderson County$331,760$638,100
Bamberg County$331,760$638,100
Barnwell County$331,760$638,100
Beaufort County$350,750$674,500
Berkeley County$391,000$751,900
Calhoun County$331,760$638,100
Charleston County$391,000$751,900
Cherokee County$331,760$638,100
Chester County$331,760$638,100
Chesterfield County$331,760$638,100
Clarendon County$331,760$638,100
Colleton County$331,760$638,100
Darlington County$331,760$638,100
Dillon County$331,760$638,100
Dorchester County$391,000$751,900
Edgefield County$331,760$638,100
Fairfield County$331,760$638,100
Florence County$331,760$638,100
Georgetown County$331,760$638,100
Greenville County$331,760$638,100
Greenwood County$331,760$638,100
Hampton County$331,760$638,100
Horry County$331,760$638,100
Jasper County$350,750$674,500
Kershaw County$331,760$638,100
Lancaster County$331,760$638,100
Laurens County$331,760$638,100
Lee County$331,760$638,100
Lexington County$331,760$638,100
Marion County$331,760$638,100
Marlboro County$331,760$638,100
Mccormick County$331,760$638,100
Newberry County$331,760$638,100
Oconee County$331,760$638,100
Orangeburg County$331,760$638,100
Pickens County$331,760$638,100
Richland County$331,760$638,100
Saluda County$331,760$638,100
Spartanburg County$331,760$638,100
Sumter County$331,760$638,100
Union County$331,760$638,100
Williamsburg County$331,760$638,100
York County$331,760$638,100

Business Loans in South Carolina

Amount

Up to $10,000,000

APR

Vary

Min Credit Score

0

Licensed in South Carolina

Yes

Amount

$5,000 - $500,000

APR

9.77% - 35.98%

Min Credit Score

600

Licensed in South Carolina

Yes

Amount

$5,000 - $500,000

APR

5.99% – 35.99%

Min Credit Score

500

Licensed in South Carolina

Yes

Amount

Up to $250,000

APR

24% – 99%

Min Credit Score

560

Licensed in South Carolina

Yes

Amount

Up to $350,000

APR

9.28 - 10.52%

Min Credit Score

650

Licensed in South Carolina

Yes

Amount

Up to $350,000

APR

10.00 - 25.00%

Min Credit Score

680

Licensed in South Carolina

Yes

Amount

$75,000 - $5,000,000

APR

5.50 - 8.25%

Min Credit Score

650

Licensed in South Carolina

Yes

Amount

Up to $500,000

APR

12.18 - 36.00%

Min Credit Score

660

Licensed in South Carolina

Yes

Amount

Up to $500,000

APR

9.00 - 99.00%

Min Credit Score

600

Licensed in South Carolina

Yes

Amount

Up to $5,000,000

APR

15.00 - 78.00%

Min Credit Score

600

Licensed in South Carolina

Yes

Amount

Up to $1,000,000

APR

Vary

Min Credit Score

0

Licensed in South Carolina

Yes

Amount

$6,000 to $250,000

APR

Vary

Min Credit Score

0

Licensed in South Carolina

Yes

All Licensed Credit Unions in South Carolina

NameCitySize (Millions)Members
FOUNDERS FEDERAL CREDIT UNIONLancaster$1,609.23187269
SOUTH CAROLINA FEDERAL CREDIT UNIONNorth Charleston$1,267.64154223
SAFE FEDERAL CREDIT UNIONSumter$762.86101379
SRP FEDERAL CREDIT UNIONNorth Augusta$589.87100198
ALLSOUTH FEDERAL CREDIT UNIONColumbia$643.3096983
S. C. STATE FEDERAL CREDIT UNIONColumbia$520.1371039
CPM FEDERAL CREDIT UNIONCharleston$257.9470043
SHARONVIEW FEDERAL CREDIT UNIONFort Mill$961.3263471
PALMETTO CITIZENS FEDERAL CREDIT UNIONColumbia$508.4751166
FAMILY TRUST FEDERAL CREDIT UNIONRock Hill$270.5044262
HERITAGE TRUST FEDERAL CREDIT UNIONCharleston$443.0242269
S. C. TELCO FEDERAL CREDIT UNIONGreenville$215.3738790
CAROLINA TRUST FEDERAL CREDIT UNIONMyrtle Beach$162.3632694
GREENVILLE FEDERAL CREDIT UNIONGreenville$135.2221739
SPC CREDIT UNIONHartsville$116.0820545
ANDERSON FEDERAL CREDIT UNIONAnderson$79.2814983
MTC FEDERAL CREDIT UNIONGreenville$122.4014971
CAROLINA FOOTHILLS FEDERAL CREDIT UNIONSpartanburg$76.2513440
MAY PLANT CREDIT UNIONLugoff$94.6713345
ARROWPOINTE FEDERAL CREDIT UNIONCatawba$112.4513212
CAROLINA COLLEGIATE FEDERAL CREDIT UNIONColumbia$73.9013109
PALMETTO HEALTH CREDIT UNIONColumbia$57.3512337
GEORGETOWN KRAFT CREDIT UNIONGeorgetown$72.8711940
G.H.S. FEDERAL CREDIT UNIONGreenville$33.8210397
GREENVILLE HERITAGE FEDERAL CREDIT UNIONGreenville$56.5110055
PEE DEE FEDERAL CREDIT UNIONFlorence$21.528989
HEALTH FACILITIES FEDERAL CREDIT UNIONFlorence$22.398480
SECURED ADVANTAGE FEDERAL CREDIT UNIONSimpsonville$77.827631
CHARLESTON AREA FEDERAL CREDIT UNIONCharleston$48.197347
SANTEE COOPER CREDIT UNIONMoncks Corner$39.597051
SPARTANBURG REGIONAL FEDERAL CREDIT UNIONSpartanburg$31.546782
UPSTATE FEDERAL CREDIT UNIONAnderson$28.416768
SOUTH CAROLINA NATIONAL GUARD FEDERAL CREDIT UNIONColumbia$57.236614
SOUTHEAST FEDERAL CREDIT UNIONWare Shoals$41.266408
NUCOR EMPLOYEE’S CREDIT UNIONFlorence$28.016080
DIXIES FEDERAL CREDIT UNIONDarlington$40.196024
GREENWOOD MUNICIPAL FEDERAL CREDIT UNIONGreenwood$30.585762
PALMETTO FIRST FEDERAL CREDIT UNIONFlorence$33.835389
NEIGHBORS UNITED CREDIT UNIONGreenwood$36.184306
PICKENS FEDERAL CREDIT UNIONPickens$16.684151
GREENVILLE GAS TURBINE EMPLOYEES FEDERAL CREDIT UNIONGreenville$22.193322
EDISTO FEDERAL CREDIT UNIONOrangeburg$22.223319
ANMED HEALTH FEDERAL CREDIT UNIONAnderson$11.763258
1ST PATRIOTS FEDERAL CREDIT UNIONRock Hill$29.533119
SELF MEMORIAL HOSPITAL FEDERAL CREDIT UNIONGreenwood$11.283059
S.C. MEMBERSFIRST FEDERAL CREDIT UNIONColumbia$12.703025
PALMETTO TRUST FEDERAL CREDIT UNIONColumbia$18.832861
SPARTAN FEDERAL CREDIT UNIONSpartanburg$10.472770
LAKELANDS FEDERAL CREDIT UNIONGreenwood$10.442632
1ST COOPERATIVE FEDERAL CREDIT UNIONCayce$12.382565
BERKELEY COMMUNITY FEDERAL CREDIT UNIONMoncks Corner$8.712326
GREATER ABBEVILLE FEDERAL CREDIT UNIONAbbeville$11.452279
ST FRANCIS FEDERAL CREDIT UNIONGreenville$6.642214
TRMC EMPLOYEES CREDIT UNIONOrangeburg$3.041949
SOUTH CAROLINA METHODIST CONF CREDIT UNIONColumbia$5.941788
FLORENCE DUPONT EMPLOYEES FEDERAL CREDIT UNIONFlorence$23.511735
CLINTON FEDERAL CREDIT UNIONClinton$5.881665
AGFIRST FEDERAL CREDIT UNIONColumbia$10.121640
BROOKLAND FEDERAL CREDIT UNIONWest Columbia$3.551634
ABBEVILLE SEABOARD FEDERAL CREDIT UNIONAbbeville$6.091518
COLUMBIA POST OFFICE CREDIT UNIONColumbia$29.941450
S C I FEDERAL CREDIT UNIONFlorence$14.731414
EMERALD CREDIT ASSOCIATION FEDERAL CREDIT UNIONGreenwood$4.801355
BEECH ISLAND CREDIT UNIONBeech Island$7.251193
CHARLESTON COUNTY TEACHERS FEDERAL CREDIT UNIONCharleston$1.42931
SUMTER CITY CREDIT UNIONSumter$2.93881
SPARTANBURG CITY EMPLOYEES CREDIT UNIONSpartanburg$4.06815
SANGAMO-OCONEE EMPLOYEES FEDERAL CREDIT UNIONCarlisle$3.44729
S. C. H. D. DIST #7 FEDERAL CREDIT UNIONOrangeburg$2.32636
ANDERSON SC CITY EMPLOYEES FEDERAL CREDIT UNIONAnderson$1.63456
C O FEDERAL CREDIT UNIONCharleston$1.44431
V A R O NO. 319 FEDERAL CREDIT UNIONColumbia$1.48308
SIXTH POSTAL CREDIT UNIONFlorence$1.40302
TRINITY BAPTIST CHURCH FEDERAL CREDIT UNIONFlorence$2.74266
CHARLESTON POSTAL COOPERATIVE FEDERAL CREDIT UNIONCharleston$1.39210

Elite Personal Finance

Recommended Articles

Debt

Best Personal Loans for Bad and Good Credit in Vermont, Payday Loan Laws 2020

EPF March 7, 2020

View All Studies [toc] Best Personal Loans for Bad Credit in Vermont 2020 [sc name="loans_vermont_bad_credit"] Best Good Credit Loans in Vermont 2020 [sc name="loans_vermont_good_credit"] You can also check out our full list of recommended lenders. Shop Around Our Loan Calculator...

Debt

Best Personal Loans for Bad and Good Credit in West Virginia, Payday Loan Laws 2020

EPF March 7, 2020

View All Studies [toc] Best Personal Loans for Bad Credit in West Virginia 2020 [sc name="loans_west_virginia_bad_credit"] Best Good Credit Loans in West Virginia 2020 [sc name="loans_west_virginia_good_credit"] You can also check out our full list of recommended lenders. Shop Around Our...

AS SEEN ON