South Carolina Title Loan Regulations

 
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A title loan is a short-term loan which allows you to use your vehicle’s title as collateral. You will give your vehicle’s title to your lender, until you have paid off the principal loan, plus interest. The value you receive from the lender will generally be determined by factors such as the equity of your vehicle and ability to pay.

Title Loan rules and regulations vary by state. You should be aware of the rules of your state, in the event that you run into some issues trying to obtain or trying to pay back a title loan.

How Long is the Loan Term with LoanMart?

The loan term varies by state. In South Carolina, LoanMart offers loan terms ranging from 12-48 months.

What Are the Interest Rates?

LoanMart can charge a maximum APR of 209% in South Carolina for a title loan.

Why LoanMart?

LoanMart has approved over 150,0002 borrowers, for title loans, since we started. Our approval process is a simple three step process,that can have your money in your hands in less than 24 hours3. That is the LoanMart Advantage.

Steps to a LoanMart Title Loan Approval:

  1. Call, click, or visit one of the participating stores in a city nearest you.
    1. Online: https://www2.800loanmart.com/application/application
    2. Call: 1-877-787-4923
  2. Submit your required documents.
    1. Government issued photo ID
    2. Car title, in your name
    3. Proof of income
    4. Proof of residence
    5. Several photos of your car
  3. Get your funds1.
    1. Via direct deposit
      1. Requires a valid bank account number and routing number
    2. Via check
      1. Will be mailed to the address on file
    3. Via in-store pickup
      1. This will generally be money in hand

South Carolina title loan regulations are designed to protect you, the borrower, and the lender.

Click Here to get started on your LoanMart car title loan now!

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