Payday Loans South Carolina
There is good news for the residents of South Carolina that payday loans are legal in the state. The laws regulating payday lending in this state are moderately similar to the laws in the other states. We are specialized in offering the right payday lending service to our customers to help them quickly overcome their cash issues in quick and effective manner.
We follow a simple application process which is quick to complete. Everything is online which makes the lending process easier and effective for you. If you running with shortage of funds, we are here to help you avail the right lending option of payday loans or installment loans in South Carolina at your complete convenience.
Laws In South Carolina Regarding Payday And Installment Loans:
Maximum Loan Amount And Tenure:
Residents of South Carolina can borrow the maximum loan amount of 550 for the maximum tenure of 32 days.
Rates And Fees:
1. The interest rates charged is 15 percent per check or 15 percent of per $100 loaned borrowed.
2. The figure creates an APR of 459 percent that is quite high for a payday loan.
3. Collection fees are $10 NSF fee.
Lending Stores In South Carolina:
South Carolina ranked 9th in the survey that examines the number of payday lenders in the state. Payday lending industry is growing and is currently having 902 lending stores in the state.
If you are looking for long term financial solution, payday loans are not the one for you. Payday loans are basically meant to fulfill the short term cash emergencies against the upcoming paycheck. We are here to provide the other financial options that suit your needs well. We are not the direct lender or broken. We provide the smart searching facility to help you bring the best lending option among our wide network of trusted lenders.