South Carolina Payday Loan

With so many payday loan lenders to choose from, it could take you a long time trying to find one without help. There is good news for all South Carolina residents. If you are strapped for cash, get informed with SameDayPayday. Browse detailed lender profiles and user reviews, also city listings in case you wish to apply at a local cash advance center.

If you wish to save the hassle of waiting in line, you can apply on using our free service to connect you to a lender – all from the comfort of your home, work, or even your mobile phone. Know if you’re approved in minutes and if approved, get your funds within one business day.

Payday Loan Laws in South Carolina

South Carolina's payday lending laws are comparable to the laws in states with similar attitudes towards payday lending practices. The South Carolina payday lenders may charge an interest rate of 15% per check or $15 for each $100 that is borrowed. You can get a loan for a maximum amount of $300 and the maximum term for a payday loan is thirty-one days in South Carolina. Rollovers are not permitted.

North Carolina, which is South Carolina's sister state, has been strongly affected by the payday lending industry in South Carolina. Even though citizens of North Carolina cannot get payday loans in their own state, they take advantage of the border payday lenders in South Carolina. North Carolina citizens can easily get a South Carolina loan by crossing the border between the two states even though this loan transaction would be illegal in their own state of North Carolina. You can find many lending companies that have multiple sites along the border of South Carolina.

South Carolina is ranked as the ninth state in a 2006 survey examining the amount of payday operators per state, with 902. In 2011, the number fell to 418. Factor in online results in early 2017, the number of hits for “payday loans South Carolina” turned up 655,000!

The state motto of South Carolina is: “Prepared in Mind and Resources.”

South Carolina Payday Loan - Cities