Title Loans in Columbia

South Carolina sets no fixed maximum, but the loan cannot be larger than your vehicle is worth. What you can borrow in Columbia comes from your vehicle's value and your ability to repay, which the lender must weigh in good faith, usually about 25% to 50% of the value, not your credit score.

Across the South Carolina loans we have funded, amounts have ranged from about $700 up to several thousand dollars. For example, a Toyota Camry drew about $915.

South Carolina does not cap the rate, and filed rates can run as high as about 273% APR. Swift Title Loans charges far less than that, and your exact rate depends on your vehicle and your ability to repay.

The charge applies again each time you renew, but South Carolina caps renewals at six over 240 days, and after the sixth the balance is repaid interest-free in six monthly payments. There is no penalty for paying early, and you can cancel by repaying the principal by the next business day. As an example, at our example rate a $1,000 loan carries about a $30 charge for 30 days.

You will need to show who you are, that the vehicle is yours, and that you can repay. Have these ready:

• A South Carolina driver's license or state ID
• The vehicle title in your name, free of other liens
• Proof of income or ability to repay, such as pay stubs or bank statements
• Proof of a Columbia-area address, like a utility bill
• Clear photos of your vehicle and its odometer

You upload all of this online.

Because the loan is secured by your vehicle's title, falling behind can lead to repossession and sale of the vehicle. South Carolina builds in strong protections, though.

Except in cases of fraud, the lender cannot pursue you for a shortfall after a sale, and if the car sells for more than you owe, the surplus is returned to you. If money gets tight, reach out before your due date so we can talk through your options.

Either works. Most Columbia borrowers do everything online, but our office is open if you would rather come in:

• 2402 Devine St #1021, Columbia, SC 29205, (803) 884-9860

Online, you typically get approved quickly, and funds are sent by direct deposit once you are approved.

Yes. Title loans in South Carolina are governed by Section 37-3-413 of the state code, and lenders must be licensed by the South Carolina Board of Financial Institutions.

South Carolina does not cap the rate, but it requires the lender to believe in good faith that you can repay, caps renewals at six over 240 days, bans deficiency claims except in cases of fraud, and returns any sale surplus to you. You can confirm a lender through the South Carolina Board of Financial Institutions before you borrow.