Payday Loans in Sharon, 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 Sharon, SC. Consider companies in other cities:

Company nameAddressZip codePhone number
FIRST NATIONAL BANK OF SOUTH CAROLINA 12181 Old Number Six Hwy, Eutawville, SC 29048 +1 (803) 492 - 7727
Local Finance and Tax Service of Hartsville, SC 123 W Carolina Ave, Hartsville, SC 29550 +1 (843) 332 - 9491
Southern Finance 875 Albright Rd, Rock Hill, SC 29730 +1 (803) 981 - 7660
Auto Money 2229 US-17, Little River, SC 29566 +1 (843) 281 - 0432
First Choice Cash Advance 1035 W Dekalb St # B, Camden, SC 29020 +1 (803) 424 - 1330
First Citizens Bank 114 S Main St, Clio, SC 29525 +1 (843) 586 - 9212
Auto Money 808 Folly Rd, Charleston, SC 29412 +1 (843) 795 - 3757
Woodforest Bank 1040 Chesterfield Hwy, Cheraw, SC 29520 +1 (843) 537 - 5404
Regions Bank 11004 N Jacob Smart Blvd, Ridgeland, SC 29936 +1 (843) 547 - 4130
NFC Payday Advance 159 2nd St, Cheraw, SC 29520 +1 (843) 537 - 2225

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Sharon, SC, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Rock Hill, SC, Payday Loans in Spartanburg, SC, 24-Hour Loan in Summerville, SC, Payday Loans in Sumter, SC, Payday Loans in Aiken, SC, Same Day Loans in Charleston, SC, Payday Loans in Columbia, SC and Payday Loans in Florence, 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 Sharon, SC.

Beautiful sights of Sharon, SC

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

29742

Are Payday Loans Legal In Sharon, 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

Sharon, SC payday loan calculator

The Ins and Outs of Payday Loans in Sharon, South Carolina

The world of lending can be complicated and overwhelming, especially when it comes to payday loans. These small, short-term loans can be a lifeline for those who need quick cash for unexpected expenses. However, before you take out a payday loan, it’s essential to understand the risks and benefits involved. Here’s everything you need to know about payday loans in Sharon, South Carolina.

What Are Payday Loans?

Payday loans are short-term, high-interest loans designed to help people bridge the gap between paychecks. They are typically for amounts between $100 and $1,000 and are due to be repaid on the borrower’s next payday. Payday lenders do not require collateral, and borrowers usually have to provide proof of income, such as a pay stub or a bank statement.

Payday Loan Regulations in South Carolina

Payday lending is legal in South Carolina, but the state has several regulations in place to protect borrowers. Interest rates on payday loans are capped at 15% of the loan amount. For example, if you borrow $300, the maximum interest rate you can be charged is $45. The term of a payday loan in South Carolina cannot exceed 31 days, and borrowers are allowed to take out only one loan at a time.

The Pros of Payday Loans

One of the most significant advantages of payday loans is their accessibility. Unlike traditional loans, payday lenders do not require a credit check, making them an option for people with poor credit scores. Payday loans are also available quickly, often within 24 hours of application, making them ideal for people facing unexpected expenses like medical bills.

The Cons of Payday Loans

While payday loans can be helpful in some cases, they also come with risks. The high interest rates on payday loans mean that borrowers often end up paying back much more than they borrowed. In some cases, borrowers can become trapped in a cycle of debt, taking out one payday loan to pay off another. This can lead to a debt spiral that can be challenging to escape from.

Interesting Facts About Payday Loans in Sharon, South Carolina

– As of 2021, there are approximately 285 payday lenders operating in South Carolina.
– The average payday loan borrower in South Carolina takes out eight loans per year, with an average loan amount of $591.
– In 2019, over 114,000 South Carolinians took out payday loans.

Apply Now

At TheGuaranteedLoans, we understand that unexpected expenses can arise at any time. That’s why we offer a fast and straightforward way to connect with potential lenders in Sharon, South Carolina. Our online application process takes just a few minutes to complete, and we work with a network of reputable lenders who are ready to offer payday loans to qualified borrowers. Please note that we are not a direct lender, and our service is designed to connect borrowers with potential lenders based on their individual needs and qualifications.

In Conclusion

Payday loans can be a helpful resource for those who need quick access to cash. However, as with any loan, it’s important to understand the risks involved and ensure that you can afford to repay the loan on time. By working with a reputable lender and taking the time to review the terms and conditions of the loan carefully, you can make an informed decision about whether a payday loan is the right choice for your financial needs.

F.A.Q.

What should I do if I think my payday lender is engaging in predatory or illegal practices?

If you believe your payday lender is engaging in predatory or illegal practices, you should report them to the South Carolina Department of Consumer Affairs. You can also seek legal advice from an attorney.

Are there any alternatives to payday loans in Sharon, South Carolina?

Yes, there are other options for borrowers who need quick access to cash in Sharon, South Carolina. These may include borrowing from friends or family, applying for a small personal loan from a bank or credit union, or using a credit card.