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South Carolina Cash Advance can help anyone with those problems that arise in between paydays. Most people living in the state of South Carolina will be relieved to know that we offer a number of different cash advance products to help you get money now, before your next payday. When you need money right away, we have a variety of services that you can use, and these services can help you get money fast. It doesn't take very long to fill out our application, nor does it take very long for those funds to appear in your bank account. Once you get the money, you can use it any way you need to. Stop by one of our offices to fill out an application, and see just how easy it is to get a cash advance.

Cash Advances Lending Laws Relating To South Carolina

Cash advance loans in South Carolina are subject to the same laws utilized by other states in regard to the lending process. The APR in South Carolina is 459%, slightly higher than that found in other states. For every $100 that an individual borrows, the lenders in South Carolina can charge an interest rate of 15%, which roughly equals $17.65. South Carolina places a maximum of thirty-one days on the amount of time one of these loans can be used and a maximum amount of $300 within that time.

North Carolina is located very close to South Carolina, with the two states sharing a border, and the state of North Carolina has been impacted by how the loan and cash advance industry works in South Carolina. Residents of North Carolina can easily cross into South Carolina to borrow money from one of these companies, though they can't borrow money in their own state. The state of North Carolina has prohibited such transactions in their own state, though they are unable to stop their residents from seeking the loans out of state. Along the border between the two states, there are a large number of cash advance companies.

A survey of cash advance lenders across the country found that South Carolina had a large number of payday lenders, enough to place them in the ninth spot in terms of lenders in the state, and that is ninth out of all fifty states. Though the original survey found 902 lending companies operating in the state, a large number of new companies and shops have opened since then as the industry continues to grow at a rapid pace.

A survey that studied the number of cash advance and payday lenders in each state discovered that South Carolina ranked in ninth place overall. At the time of the study, South Carolina had 902 such companies operating in the state. As the industry continued to grow quickly, the number of similar companies has only increased.

Those people who are considering moving to South Carolina, but cannot afford the trip, may find that a cash advance can help them financially afford the move. A cash advance can also help those who live in South Carolina, but have more bills piling up than they have money to pay. We are the kind of cash advance company that can help anyone get money as fast as possible, even those who do not live in South Carolina. To see the services we offer, just visit our website as

Visiting is the perfect place to learn more about the different cash advance services we provide and the opportunity to fill out an application. After your application is approved, you'll find that you can receive an advance against your next paycheck and have money in your hands almost before you know it. You can use the money to pay your bills, pay for a special project, or work on your house. The money you receive from our cash advance services can pay for anything you need and anything you dream about.

South Carolina cash advances are available on our website by using the privacy protected submission form to electronically submit an application. You will find that our website is secure and that it is easy to use. We want to help you with your pressing financial needs, and we can help make your dreams a reality.

The state of Carolina uses regulations imposed by the state government to set up requirements on how cash advance and payday loans work. The State Board of Financial Institutions must first grant a license to any lender in South Carolina. The company is required to have at least $25,000 in net worth assets and answer questions required by the Board. To qualify for a payday or cash advance lending license, the business owner is required to provide information in the following areas: residence of the business and legal name, location, financial responsibility, background experience, partnerships, associations, and corporations that are connected to the location of the license. Basically, the state of South Carolina requires that that each payday and cash advance lender provide a business plan before they will consider granting the correct license.

Before a cash advance can be granted, the bank account of the customer must be verified, and this is a requirement for every lender operating in the state. Their customers must also be given a listing of their fees, or see some type of notice of the fees from the loan provider. The state of South Carolina imposes limits on cash advances, with a maximum of $300 allowed for a term of 31 days. Many other states have a maximum of $500, so South Carolina is generally considered low in comparison. It should also show the lengths the state is willing to go through to help protect its citizens.

Both the borrower and the lender must sign an agreement, also known as the payday cash advance contract. This agreement must include the date of the transaction, the amount of money given, the name of the lender, and an annual percentage rate and dollar amount that states the total fees. All this is required for an agreement to be binding in the state of South Carolina. The lender is authorized to put off paying back the money for 31 days according to this agreement.

The state of South Carolina also regulates fees. No lender can charge more than 15% of the total value of the money given. The borrower will find that they are required to pay this fee only once according to the South Carolina legislature. The lender can take legal steps if the check is returned because of insufficient funds, if the account is closed, or if the borrower stops payment on the check through their bank. Lenders are then allowed to add an additional fee to the total amount, but the fee must be $10 or less.

South Carolina Unemployment Statistics

In the last ten years, the unemployment rate in South Carolina has remained constant between 2.8 and 7.5 percent. As of January 2006, the unemployment rate in South Carolina was 7.3 percent, but this dropped to 6.6 percent, meaning over 136,000 people living in the state were unemployed.

South Carolina Cash Advance - Cities

Abbeville Belton Cheraw Greenwood
Aiken Bennettsville Chesnee Greer
Anderson Bishopville Chester Mount Pleasant
Andrews Blacksburg Clearwater Myrtle Beach
Bamberg Boiling Springs Clemson North Charleston
Barnwell Bradley Clinton Rock Hill
Batesburg Camden Columbia Spartanburg
Bath Cayce Florence Summerville
Beaufort Chapin Goose Creek Sumter
Beech Island Charleston Greenville Taylors