Title Loans in South Carolina

Title Loans
Title loans can be a quick way to access funds by using your vehicle as collateral. Our curated list of title loans in South Carolina offers quick, reliable solutions without stringent credit checks. Whether it's an emergency or unforeseen expense, find the perfect loan to meet your needs with competitive rates and flexible terms. Start comparing today to find your ideal financial partner.
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Rating by Finanso®

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Recommended FinScore™
Rating by Finanso®

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
to 7500.00 $

Interest rate

to 426.64 %

Loan term for the financial product

to 2 years
Title Loans
Rating by Finanso®

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
up to $25,000

Interest rate

up to 304.17%

Loan term for the financial product

up to 12 months
Title Loan
Rating by Finanso®

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™

What is a title loan in South Carolina?

A title loan in South Carolina is a financial solution that allows residents to use their vehicle's title as collateral to secure a loan. These loans are commonly referred to as car title loans or auto title loans. Unlike traditional bank loans that heavily consider a borrower's credit history, car title loans focus on the value of the borrower's vehicle and the fact that they have a lien-free title. South Carolina residents who own a vehicle outright and have a clear title can apply for a car title loan. The lender evaluates the vehicle's value and offers a loan amount based on that value.


  1. Loan Amount Restrictions. Many title lenders in South Carolina set a minimum loan amount of $600. This is because South Carolina's maximum interest rate laws apply to loan amounts below $600. As a result, almost all the loans in the state fall within the range of $601 to $2,500.

  2. No Interest Rate Cap. South Carolina does not impose an interest rate cap on title loans. They can be as high as 25% per month, which translates into 300% APRs.

  3. Interest Rate Differentiation. Lenders can only charge high-interest rates on loans exceeding $600. Loans below this threshold are subject to limited interest rates, which helps protect borrowers from excessively high-interest charges.

  4. Interest Rate Advertising Rules. Lenders are prohibited by law from advertising or offering a lower interest rate for the initial loan period if the interest rate is set to increase in later renewal periods. This regulation aims to provide transparency to borrowers by ensuring that advertised interest rates accurately reflect the entire loan term.

Pros and cons


Fast Cash. Title loans provide a quick way to access cash, making them useful in emergencies or unexpected financial situations. Very often, the loan process takes only one business day.

No Credit Check. Title loan approval is primarily based on the value of the vehicle and ownership of a lien-free title, making it accessible to individuals with bad credit or no credit history.

Flexible Loan Amounts. Borrowers can typically secure a loan amount corresponding to their vehicle's fair market value, providing flexibility in the borrowing process.

Convenient Application. Many lenders offer the option to apply for title loans online, reducing the need for in-person visits and simplifying the application process.


High-Interest Rates. Title loans in South Carolina can have high-interest rates, leading to substantial repayment amounts over time.

Risk of Vehicle Repossession. Failing to repay the title loan can result in the lender repossessing the borrower's vehicle, which can have significant consequences for daily life.

Limited Regulation. South Carolina does not cap interest rates on title loans, which can expose borrowers to potentially predatory lending practices.

Short Repayment Periods. Title loans typically have short repayment terms, often 30 days, which can make it challenging for borrowers to meet their financial obligations.

How to get a title loan in South Carolina


  1. Gather Required Documents. Your vehicle's title (lien-free), proof of identification (e.g., driver's license or state ID), proof of income (pay stubs, bank statements, or other income documentation), proof of South Carolina residency (utility bill, lease agreement, etc.), and any other specific documents that your lender of choice requires.

  2. Research Lenders. Research title loan lenders in South Carolina. Look for reputable lenders who comply with state regulations and offer competitive interest rates.

  3. Apply for the Loan. You can typically apply for a title loan in South Carolina online or in person at a lender's physical location. Complete the loan application, providing all necessary information and documentation.

  4. Vehicle Inspection. The lender may require an in-person vehicle inspection to assess its condition and value. This may be done at a physical location or through photos and documentation submitted online.

  5. Loan Approval. The lender will evaluate your application and the value of your vehicle to determine the loan amount you qualify for. The underwriting process may differ from lender to lender.

  6. Review Terms and Conditions. Carefully review the loan terms and conditions, including the interest rate, repayment schedule, and any potential fees.

  7. Accept the Loan. You can accept the loan if you agree to the terms and conditions and are satisfied with the offer.

  8. Repayment. Make regular payments according to the agreed-upon schedule. This may include both interest and principal payments.


  1. Vehicle Title. You must have a clear and lien-free vehicle title in your name. This means no outstanding loans or other financial encumbrances against the vehicle should exist.

  2. Proof of Residency. You need to provide proof that you are a resident of South Carolina. This could be a utility bill, lease agreement, or other official documents showing your South Carolina address.

  3. Proof of Identification. You must present a valid government-issued photo ID, such as a driver's license or state ID.

  4. Proof of Income. Lenders typically require proof of income to ensure you have the means to repay the loan. This could include recent pay stubs, bank statements, or other income documentation.

  5. Vehicle Inspection. Some lenders may require an in-person vehicle inspection or ask for photographs of your vehicle to assess its condition and value.

  6. Minimum Age. You must be at least 18 years old to be eligible for a title loan in South Carolina.

  7. Vehicle Ownership. You must be the vehicle's legal owner, and the vehicle should be registered in your name.

  8. Application and Agreement. You'll need to complete the lender's application form and sign a loan agreement outlining the loan terms and conditions, including the interest rate and repayment schedule.

  9. Keys to the Vehicle. Some lenders may request that you provide a set of keys to the vehicle as a condition of the loan.

  10. Insurance. While not always required, some lenders may ask for proof of vehicle insurance.

  11. Contact Information. You'll need to provide accurate contact information, including your phone number and email address, so the lender can reach you for communication regarding the loan.


  1. Maximum Loan Amount. Lenders in South Carolina are typically limited to offering loans that are equal to or less than the fair market retail value of the borrower's vehicle. The actual loan amount may vary depending on the vehicle's value and the lender's policies.

  2. Interest Rates. While South Carolina does not impose an interest rate cap on title loans, specific regulations govern interest rates based on loan amounts. Loans over $600 may have higher interest rates, while loans below this threshold are subject to limited interest rates.

  3. Loan Duration. South Carolina title loans typically have short-term repayment periods, often around 30 days. Borrowers should be prepared to repay the loan within this timeframe, including both principal and interest.

  4. Vehicle Value Assessment. Lenders are required to use common industry appraisal guides, such as Kelly Blue Book, to determine the fair market value of the borrower's vehicle. This value serves as the basis for the loan amount.

  5. Minimum Loan Amount. Many lenders in South Carolina set a minimum loan amount, often around $600, to avoid falling under the state's maximum interest rate laws, which apply to loans below this threshold.

  6. Vehicle Repossession. If a borrower fails to repay the title loan as agreed, the lender has the legal right to repossess the borrower's vehicle. However, South Carolina law outlines specific repossession procedures that must be followed.

  7. Consumer Protections. While title loans in South Carolina are subject to less regulation than some other forms of credit, borrowers still have certain rights and protections under state law. Lenders must provide clear loan terms and conditions, and borrowers have the right to dispute unfair practices.

Best places to get an auto title loan in South Carolina

  1. Auto Money stands out as a leading provider of title loans across South Carolina and Georgia. Their reputation for speed and convenience makes them a go-to choice for borrowers in need of quick cash solutions. With a user-friendly online application process and a commitment to transparent lending, Auto Money ensures that your financial needs are met efficiently and professionally.

  2. TitleMax is a well-established name in the title loan industry, known for its extensive network of locations across the United States. In South Carolina, TitleMax offers fast and convenient title loan options, allowing customers to use their vehicle as collateral to secure cash. With a reputation built on trust and reliability, TitleMax remains a reliable choice for those seeking title loans.

  3. Check 'n Go is a reputable financial services company known for its diverse lending solutions, including title loans. With a commitment to customer convenience and financial accessibility, they offer straightforward title loan options. Check 'n Go's user-friendly application process, which often does not require a perfect credit history, allows individuals to use their vehicle's title as collateral to secure fast cash. Their dedication to responsible lending practices makes them a trusted choice for those seeking short-term financial assistance while maintaining transparency and integrity.

  4. Title Loan Shop stands out as a prominent provider of title loans, offering an array of borrowing options for individuals facing unexpected financial challenges. They specialize in leveraging the equity in your vehicle to secure loans, making it possible to access funds swiftly. Title Loan Shop emphasizes a seamless application process and strives to provide competitive interest rates tailored to meet the unique financial needs of their customers. With a customer-centric approach and a commitment to financial support, Title Loan Shop remains a reliable choice for those seeking convenient title loan solutions during unexpected financial hurdles.

  5. North American Title Loans is a trusted name in the title loan industry, offering accessible and efficient lending solutions for customers across various states. They specialize in providing quick access to cash by using vehicle titles as collateral. North American Title Loans prides itself on its customer-focused approach, competitive interest rates, and straightforward application process. With a commitment to helping individuals navigate unexpected financial emergencies, North American Title Loans is a reliable partner for those seeking reliable and accessible title loan options.

Ways to get the money

  1. Check. Some lenders provide loan funds in the form of a physical check that you can cash or deposit into your bank account.

  2. Direct Deposit. Many lenders offer direct deposit services, allowing the loan funds to be transferred directly into your bank account. This method is often faster and more convenient.

  3. Cash. In some cases, you can receive the loan amount in cash, either at the lender's physical location or through a designated payment center.

  4. Online Transfer. If you're applying for an online title loan, the lender may offer the option to transfer the funds directly to your bank account or through an online payment platform.

Things to pay attention to

  1. Interest Rates. Understand the interest rate associated with the title loan. Interest rates on title loans can be high, so compare rates from multiple lenders to find the most competitive offer.

  2. Repayment Terms. Review the loan's repayment terms, including the duration of the loan and the number of installments. Make sure the repayment schedule aligns with your financial situation.

  3. Hidden Fees. Be aware of any additional fees, such as origination fees or late payment fees. Read the loan agreement carefully to identify any potential hidden fees.

  4. Loan Amount. Verify that the loan amount offered aligns with your financial needs and is not more than the fair market value of your vehicle.

  5. Impact on Credit. Unlike traditional loans, title loans typically don't require a credit check. However, failing to repay a title loan can negatively impact your credit score and lead to vehicle repossession.

  6. Loan Renewals. Understand the terms and conditions regarding loan renewals. Renewing a title loan may involve additional fees and could lead to a cycle of debt.

  7. Alternative Options. Explore alternative sources of financing, such as personal loans, credit unions, or borrowing from friends and family, which may offer more favorable terms.

  8. Loan Agreement. Carefully read and understand the terms and conditions outlined in the loan agreement. Ask questions if anything is unclear.

How to repay a title loan in South Carolina

  1. Review the Loan Agreement. Carefully review the loan agreement you signed when you obtained the title loan. Pay attention to the repayment terms, including the due date(s), the total amount due, and any fees or charges.

  2. Create a Repayment Plan. Develop a plan for repaying the title loan based on the terms outlined in the agreement. Ensure that your plan aligns with your financial situation and budget.

  3. Payment Methods. Determine the accepted payment methods provided by the lender. Common methods include cash, check, direct deposit, online payments, or payments at a physical location. The lender will specify how they prefer to receive payments.

  4. Payment Schedule. Follow the agreed-upon repayment schedule. This typically includes making regular payments on or before the due dates specified in the loan agreement. Some lenders offer flexibility in payment frequency, such as weekly, bi-weekly, or monthly payments.

  5. Late Payments. Avoid late payments, which may result in additional fees and negatively impact your credit. If you anticipate difficulty making a payment on time, contact your lender to discuss possible options or extensions.

  6. Keep Records. Maintain records of all loan payments, including receipts, bank statements, or online payment confirmations. These records can be valuable in case of any disputes.

  7. Contact the Lender. In case of financial hardship or difficulty meeting the repayment schedule, communicate with your lender promptly. Some lenders may be willing to work with you to adjust the terms or provide alternative repayment options.

  8. Final Payment. Once you have made all scheduled payments and repaid the loan in full, contact the lender to confirm that the loan has been satisfied.

  9. Reclaim Your Title. After you have repaid the title loan, the lender will release the lien on your vehicle. You will receive your vehicle's title back, which will be free of any encumbrances.

  10. Verify All Documentation. Ensure that you receive all necessary documentation confirming the loan's repayment and the release of the lien on your vehicle.


  1. Alternative payday loan. An alternative payday loan refers to a borrowing option designed to provide short-term financial assistance with terms more favorable than traditional payday loans. Community banks, credit unions, or online lenders typically offer these alternatives and aim to address the high costs and potential predatory practices associated with payday lending. They often provide longer repayment periods, lower interest rates, and a more borrower-friendly approach. Alternative payday loans aim to help individuals facing emergencies or unexpected expenses access quick cash without the excessive fees and debt traps often linked to payday loans.

  2. Peer-to-peer lending. Peer-to-peer lending, commonly known as P2P lending, is an online financial platform that connects individuals seeking loans with investors willing to lend money. It operates outside traditional banking institutions, allowing borrowers to access funding from a network of individual investors. Borrowers create loan listings with desired loan amounts and terms, while investors can review these listings and choose which loans to fund. P2P lending platforms handle loan origination, credit checks, and loan servicing. Borrowers benefit from potentially lower interest rates, while investors can earn returns on their investments, making P2P lending a mutually beneficial lending model.

  3. Credit union loan. A credit union loan is a financial product offered by credit unions, member-owned financial cooperatives. These loans can encompass various types, including personal loans, auto loans, mortgages, and credit cards. Credit unions typically offer loans to their members, who may need to meet specific eligibility requirements, such as living in a particular area or belonging to a certain community group. Credit union loans often come with competitive interest rates, low fees, and flexible terms, reflecting the credit union's mission to serve its members' financial needs while fostering financial well-being through community-oriented services.

  4. Payday loan. A payday loan is a short-term, high-cost loan intended to provide quick cash to borrowers facing financial emergencies or needing funds before their next paycheck. These loans are typically for small amounts and come with extremely high-interest rates and fees. Borrowers typically provide a post-dated check or authorize an electronic debit for repayment. Payday loans are controversial due to their high costs and the potential for borrowers to fall into a cycle of debt. Many states have implemented regulations to restrict or limit payday lending practices to protect consumers from predatory lending.

Editorial opinion

While offering a swift way to secure cash for individuals facing urgent financial needs, Title loans come with a complex set of advantages and disadvantages. On the positive side, title loans provide borrowers with a speedy option to access funds, often within hours or a business day. This rapid availability can be a lifeline for those encountering unexpected expenses or emergencies. Additionally, title loans do not typically require an extensive credit history check, making them accessible to individuals with poor credit or limited credit history.

However, the enticing allure of quick cash conceals the significant negative aspects associated with title loans. The most glaring drawback is the exorbitant cost of borrowing, characterized by extremely high-interest rates and fees. These costs can lead borrowers into a debt spiral, making it challenging to repay the loan promptly. Furthermore, the risk of vehicle repossession, as the vehicle's title is used as collateral, adds a layer of financial jeopardy. In light of these factors, it is imperative for borrowers to exercise caution, exhaust alternative financial resources, and carefully assess their financial situation before resorting to title loans. While they offer expediency in times of need, the long-term consequences and potential risks associated with title loans make them a financial instrument best approached with careful consideration.

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Can I get a title loan in SC if I live in NC?

In most cases, you cannot get a title loan in South Carolina if you live in North Carolina. Title loan regulations vary from state to state, and lenders typically require borrowers to have a valid residency within the state where they are applying for the loan. This means that if you are a resident of North Carolina, you would generally need to apply for a title loan in your home state, as South Carolina lenders are more likely to require proof of South Carolina residency.

How to get a title after paying off a car loan in South Carolina?

  1. Loan Satisfaction Letter. Contact your lender once you have made the final loan payment. Request a loan satisfaction letter or lien release document from the lender. This document should confirm that you have satisfied the loan and that there are no outstanding obligations.

  2. Confirm the Details. Review the loan satisfaction letter carefully to ensure that all the information is accurate, including your name, vehicle details, and loan details. Any errors should be corrected before proceeding.

  3. Visit the DMV or Apply Online. You can obtain the title by visiting your local South Carolina Department of Motor Vehicles (DMV) office or applying online through the SC DMV website. Be sure to check the DMV's website for any specific instructions or forms required for title application.

  4. Provide Required Documents. When applying for the title, you will typically need to provide the following documents: a loan satisfaction letter or lien release document from the lender, a Completed Application for Certificate of Title and Registration (Form 400), proof of identity, such as a driver's license or state-issued ID, vehicle registration card or renewal notice, and payment for the title fee, which can vary depending on factors like vehicle type and weight.

  5. Submit Your Application. If applying in person, visit your local DMV office, submit the required documents, and pay the applicable fees. If applying online, follow the instructions on the SC DMV website to complete the process.

  6. Wait for Processing. The DMV will process your application, and it may take some time to receive your new title. Be patient during this period.

  7. Receive the Title. Once your application is approved, you will receive the new title for your vehicle by mail. It will typically be sent to the address on file with the DMV.

Is the physical inspection of my car necessary to get a title loan online?

The requirement for a physical inspection of your car to obtain a title loan online can vary depending on the lender and state regulations. In many cases, online title loan lenders may not require a physical inspection of your vehicle. Instead, they may rely on other methods to assess the value of your car, such as vehicle information, photographs, and Vehicle Identification Number (VIN).