Payday Loans in Elko, South Carolina

All Credits Welcome!

If you have a bad credit score, then don’t worry – it’s not an issue for us!

TGL Loan Services

You can get your money fast after filling out the simple form on the "Get Started" page! Lenders cannot guarantee the approval, but they could approve your loans, even if you are unemployed, receiving government benefits.

Fast Money In Your Bank

You can get your money within hours after filling out the form! We work 24/7 for you!
  • This form is protected with secure 256-bit SSL encryption
  • By clicking “Get Started”, I consent and agree to the Privacy Policy and Terms of Use.

No payday loan companies in Elko, SC. Consider companies in other cities:

Company nameAddressZip codePhone number
Citizens Bank 1812 US-52, Scranton, SC 29591 +1 (843) 389 - 2080
Security Finance 489 Bells Hwy, Walterboro, SC 29488 +1 (843) 549 - 9428
Advance America 134 St James Ave #1, Goose Creek, SC 29445 +1 (843) 553 - 5632
Carolina Title Loans, Inc. 6300 White Horse Rd #100, Greenville, SC 29611 +1 (864) 246 - 8319
Auto Money Inc 135 Farmington Rd, Summerville, SC 29483 +1 (843) 832 - 5896
1st Franklin Financial 325 Village Square Dr, Batesburg-Leesville, SC 29070 +1 (803) 532 - 7300
Regional Finance 110 Garner Rd Suite 10, Spartanburg, SC 29303 +1 (864) 597 - 0120
Bank of Greeleyville 209 Martin Luther King Jr Ave, Kingstree, SC 29556 +1 (843) 355 - 5551
Sunset Finance 497 Stonewall Jackson Blvd, Orangeburg, SC 29115 +1 (803) 533 - 1157
Check `n Go 7358 Two Notch Rd Ste A, Columbia, SC 29223 +1 (803) 419 - 1331

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Elko, SC, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Hilton Head Island, SC, 24-Hour Loan in Mount Pleasant, SC, Emergency Loan in Myrtle Beach, SC, Payday Loans in North Charleston, SC, Payday Loans in Rock Hill, SC, Short-term Loans in Spartanburg, SC, Bad Credit Loans in Summerville, SC and Emergency Loan in Sumter, SC. But also, you can apply for a loan online, not coming out of your home. Just fill out a simple application on our website and we will connect you with trusted direct lenders in Elko, SC.

Beautiful sights of Elko, SC

Payday Loans Available in Elko, SC By The Following ZIP Codes:

29826

Are Payday Loans Legal In Elko, South Carolina?

Loan Rates and Fees, Laws and Regulations in South Carolina.

South Carolina Loan Regulations

Legal StatusLegal
Interest Rate (APR, %)391
Maximum Loan Amount$550
Minimum Loan TermNot Specified
Maximum Loan Term31 days
Number of Rollovers Allowed0
Finance Charges15% of the amount advanced

Elko, SC payday loan calculator

Understanding Payday Loans in Elko, South Carolina

Payday loans can be a lifesaver in times of financial crisis. These quick cash loans are available to borrowers who need funds urgently and have no other means of accessing credit. In Elko, South Carolina, payday loans are legal, and there are various lenders offering these loans to borrowers. However, before you consider taking out a payday loan, it is essential to understand how these loans work, the benefits and drawbacks, and how to apply for one.

How payday loans work in Elko, South Carolina

A payday loan is a short-term loan that borrowers can access quickly. In Elko, South Carolina, these loans are available to anyone who has a valid government ID, a verifiable income source, and an active bank account. The lender provides the borrower with a loan amount based on their income and ability to repay the loan. The borrower then signs a contract agreeing to repay the loan on their next payday, which is usually two weeks to a month away.

When the loan is due, the lender will automatically deduct the loan amount plus any interest and fees from the borrower’s bank account. If the borrower cannot repay the loan on time, they may be able to roll over the loan by paying additional fees. However, rolling over the loan can lead to a cycle of debt that can be difficult to escape.

The benefits of payday loans in Elko, South Carolina

Payday loans can provide much-needed cash to borrowers in financial emergencies. They are easy to access, and the application process is relatively simple. Unlike traditional loans, payday loans do not require collateral or a credit check, making them ideal for borrowers with poor or no credit.

However, payday loans can be costly, with high interest rates and fees that can add up quickly. Borrowers may also be in danger of getting stuck in a cycle of debt if they cannot repay the loan on time.

How to apply for a payday loan in Elko, South Carolina

Applying for a payday loan in Elko, South Carolina, is a straightforward process. Borrowers can apply online or in person. The application process typically involves providing personal and financial information, including your name, address, employment status, and income. The lender will then use this information to determine the loan amount, interest rate, and repayment terms.

Once the loan is approved, the borrower will receive the funds either immediately or within a day or two. It is essential to read the loan agreement carefully and understand the terms and conditions before signing. Borrowers must ensure that they can repay the loan on time to avoid costly fees and penalties.

Interesting facts and statistics about payday loans in Elko, South Carolina

  • In 2019, South Carolina had over 687 payday lending locations, with Elko having several lenders within its borders.
  • The average payday loan amount in South Carolina is $574, and the average borrower takes out eight loans per year.
  • South Carolina law allows payday lenders to charge up to 15% of the loan amount as a finance charge.
  • The payday lending industry in South Carolina generates over $85 million in revenue each year.

Apply now for a payday loan in Elko, South Carolina

If you are in need of quick cash and cannot access credit through traditional means, a payday loan may be a viable option. TheGuaranteedLoans is a lender connector service that can connect you with a lender that meets your needs. Fill out our online application form, and we will match you with a lender that can provide you with the funds you need. Remember, TheGuaranteedLoans does not provide direct loans, but we are here to facilitate your connection with potential lenders. Apply now and get the financial help you need!

F.A.Q.

What are the requirements for obtaining a payday loan in Elko, South Carolina?

To obtain a payday loan in Elko, South Carolina, you must be at least 18 years old and have a valid government-issued ID, proof of income, and an active checking account.

Are there any limitations on the amount I can borrow with a payday loan in Elko, South Carolina?

Yes, the maximum amount that can be borrowed with a payday loan in Elko, South Carolina is $550.