Swift Title Loan
Sign up by noon, get cash today!
Bad credit & past bankruptcies? All welcome to apply!
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Easily apply online
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Get cash and keep your car
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Repay loan and get title back
Swift Title Loan
Sign up by noon, get cash today!
Bad credit & past bankruptcies? All welcome to apply!
Easily apply online
Get cash and keep your car
Repay loan and get title back
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Title loans are legal in South Carolina under S.C. Code § 37-3-413, which governs short-term vehicle-secured loans. Lenders hold a supervised lender licence from the Board of Financial Institutions and are also overseen by the Department of Consumer Affairs.
The rule that shapes everything is the $600 split. Where the cash advance is more than $600, the state sets no rate cap at all: § 37-3-201(2)(b) lets a supervised lender charge any rate it has filed and posted with the SCDCA. Filed rates commonly land somewhere between 100% and 300% a year, but that is what lenders have chosen to file, not a limit the law imposes. Where the advance is $600 or less, the § 34-29-140 schedule applies instead and must be disclosed to you as an annual percentage rate.
There is no minimum loan amount, and the maximum is your vehicle's fair market retail value. Before lending, the lender has to form a good-faith belief that you can repay, based on your employment, income and expenses.
Each term is 30 days and may be renewed up to six times — 240 days in all. After the sixth renewal interest stops accruing and the remaining balance is repaid over six monthly instalments. Accrued interest may not be capitalised at renewal.
2020 Chevrolet Trax | 2021 Toyota Sequoia | |
| Loan Term | 24 month | 36 month |
| Estimated Vehicle Value | $0 | $0 |
| Loan Amount | $5560 | $3544 |
| Processing Fee | $75 | $75 |
| Lien Recording Fee | $15 | $15 |
| Monthly Payment | $402.94 | $214.18 |
| Monthly Interest | 5.00 | 5.00 |
| APR | 60.00% | 60.00% |
*All our repayment plans are without any hidden fees or prepayment penalties.
| Rule | What South Carolina Allows |
|---|---|
| Legal structure | A short-term vehicle-secured loan under S.C. Code § 37-3-413, made by a supervised lender licensed with the Board of Financial Institutions |
| Rate above $600 | No statutory cap. The lender charges the maximum rate it has filed and posted with the SCDCA (§§ 37-3-201(2)(b), 37-3-305). Filed rates are typically 100%–300% per year |
| Rate at $600 or less | The § 34-29-140 schedule, disclosed as an annual percentage rate (§ 37-3-201(2)(a)) |
| Amount | No minimum; the maximum is the vehicle's fair market retail value |
| Term | 30 days per term |
| Renewals | Up to 6, for 240 days in total. After the sixth, interest stops and the balance is repaid over 6 monthly instalments |
| Interest at renewal | Accrued interest may not be capitalised |
| Ability to repay | The lender must form a good-faith belief you can repay, based on employment, income and expenses |
| Cancelling | Return the principal at no cost before the close of business on the next business day |
| Required warning | A warning in 14-point bold type must appear directly above the signature line |
| Fees | Only a lien recording fee may be charged beyond interest |
| Default | The lender's sole remedy is repossession and sale of the vehicle; criminal prosecution is not permitted |
We do not publish a South Carolina cost table for loans above $600, and that is deliberate. There is no statutory ceiling to calculate against — the rate is whatever your lender has filed with the SCDCA. Printing a figure would imply a limit the law does not set.
What to do instead: ask for the filed APR, or look the lender up on the SCDCA registered-creditors search, before you sign. For an advance of $600 or less the § 34-29-140 schedule applies and the lender must disclose it to you as an APR.
Your lender must hold a supervised lender licence from the South Carolina Board of Financial Institutions. Verify it through the Consumer Finance Division licensee lookup or NMLS Consumer Access before you borrow.
Lenders must disclose the APR, all fees and the total cost, and a warning in 14-point bold type has to sit directly above the signature line. Because the state caps nothing above $600, the filed rate is the number to ask for — every lender files its maximum with the SCDCA and the register is public. You may cancel by returning the principal, at no cost, before the close of business on the next business day.
The principal may not exceed your vehicle's fair market retail value, and the lender must first form a good-faith belief that you can repay. Beyond interest, only a lien recording fee may be charged, and accrued interest may not be capitalised when a loan is renewed. On default the lender's sole remedy is to repossess and sell the vehicle — South Carolina does not permit criminal prosecution over the debt.
Before you sign, be clear on the payment, the number of payments, and the total you will have paid when the schedule ends. The figures in your own agreement are the ones that count, not the examples on any website — ours included.
A title loan is one way to cover a shortfall, and it is worth putting it next to a few alternatives before you commit your car's title. A credit union small-dollar loan, a payment plan negotiated directly with the biller, a paycheck advance from your employer, or help from a local assistance programme will often cost less. If none of those work, borrow the smallest amount that solves the problem and pay it off as quickly as your budget allows.
Keep your vehicle in the picture too. The title is the security, so a loan you cannot repay puts the car you rely on at risk — and in most cases that car is worth considerably more than the loan.
Quick answers to help you feel confident about title loans.
Title loans made simple.
Get a free quote online in 7 minutes,* or visit a location near you. Same-day funds available.*
207 E Canal St #7, Mulberry, FL 33860 | (863) 591-5449
Approval for any loan product from Swift Title Loans is based on our internal underwriting standards. Rates, terms, and the types of loans available to you depend on the laws of your state and your individual financial situation. Not every person who applies will be approved, and the amount you qualify for may be less than the maximum we offer. All products are governed by their respective terms and conditions. Title loans and related products are built for short-term financial relief. They are not designed to serve as ongoing credit facilities. If you find yourself in a cycle of borrowing, please reach out to a credit counseling professional for guidance. Online applicants should be aware that verification of submitted details may be necessary, which could delay funding by up to two business days after final approval.
Your FICO® Score is not affected when you submit a loan request to Swift Title Loans. We may check your background through a non-traditional consumer reporting agency. That check could show up on your record with the agency in question, but it has no impact on your FICO® Score.
USA PATRIOT ACT ACCOUNT OPENING NOTICE: Federal law mandates that financial institutions obtain, verify, and maintain a record of the information used to identify anyone who opens an account. During this process, you will be asked for your name, address, date of birth, and other identifying information. A driver's license or other form of government-issued ID may also be required.
*Completing the online request may take about seven minutes. Funding is subject to approval, document review, and receipt of all required signed documents submitted before noon local time on a business day.
^About “no store visit” and “no inspection”: These terms mean no in-person store visit or walk-around vehicle inspection at a branch. Applicants are still required to submit photos and/or videos of the vehicle, including all four exterior sides, interior front and back, odometer, and VIN. Some states may require an in-person visit by law for title verification, and we may require an in-person inspection if vehicle condition cannot be fully assessed from photos or videos. Loan availability, terms, and approval depend on state law and individual qualifications.
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