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

Company nameAddressZip codePhone number
Check Loans 3782A Ashley Phosphate Rd, Charleston, SC 29418 +1 (843) 760 - 6464
Express Check Advance 1109 Fairlawn Dr, Camden, SC 29020 +1 (803) 788 - 1999
Best Cash Loans of SC, Inc. 2528 Boiling Springs Rd ste h, Boiling Springs, SC 29316 +1 (864) 814 - 0220
Rivertown Credit 3300 Broad St, Loris, SC 29569 +1 (843) 756 - 5359
Fast Cash Loans of SC, Inc. 1944 E Main St, Spartanburg, SC 29307 +1 (864) 577 - 0601
Advance America 718-A S. Alabama Ave., Chesnee, SC 29323 +1 (864) 703 - 2555
Local Cash Advance 8617 Old State Rd, Holly Hill, SC 29059 +1 (803) 496 - 2555
United Community Bank 11500 Asheville Hwy, Inman, SC 29349 +1 (864) 472 - 5300
World Finance Corporation 211 N Main St, Lake View, SC 29563 +1 (843) 759 - 2644
Fast Check Loans of Sc Inc 1481 Asheville Hwy, Spartanburg, SC 29303 +1 (864) 577 - 0021

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Mayo, SC, you can try to find different companies in big cities near by. Check out the following pages here: Guaranteed Loans in Summerville, SC, Payday Loans in Sumter, SC, 24-Hour Loan in Aiken, SC, Payday Loans in Charleston, SC, Guaranteed Loans in Columbia, SC, Bad Credit Loans in Florence, SC, Quick Loan in Goose Creek, SC and Payday Loans in Greenville, 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 Mayo, SC.

Beautiful sights of Mayo, SC

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

29368

Are Payday Loans Legal In Mayo, 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

Mayo, SC payday loan calculator

Understanding Payday Loans in Mayo, South Carolina

Payday loans are a popular financial option for many Americans who find themselves struggling with unexpected expenses, such as medical bills, home repairs, or car repairs. These short-term loans are easy to access and can be a lifesaver for those who need quick cash. If you reside in Mayo, South Carolina here’s what you need to know about Payday Loans.

Legal Status of Payday Loans in Mayo, South Carolina

In South Carolina, the law allows for payday loans to be taken out. Mayo residents have the option of seeking financial help through these loans. However, there are state-specific regulations and guidelines that are enforced for lenders to follow. If you are considering taking out a payday loan in Mayo, you need to be aware of these regulations and how they impact the repayment terms and interest rates of the loan.

How Payday Loans Work in Mayo, South Carolina

Payday loans are small, short-term loans that are designed to cover the borrower’s expenses until they receive their next paycheck. They are typically in the range of $100 to $1,000 and have a two-week repayment term. However, several lenders in Mayo offer flexible repayment options that can be extended up to 31 days.

The borrower writes a check for the amount of the loan plus fees to the lender. Once the due date arrives, the lender cashes the check. If the borrower is not able to repay the loan, the lender can renew the loan but with an additional fee plus interest. This process is known as rolling over the loan or renewing the loan.

Interest Rates and Fees for Payday Loans in Mayo, South Carolina

The interest rates for payday loans in Mayo, South Carolina are regulated and cannot exceed 15% of the total loan amount. Additionally, lenders are allowed to charge a maximum fee of $15 for every $100 borrowed. This maximum fee is also applicable when renewing the loan. Borrowers need to carefully review the interest rates and fees of the lender before obtaining a payday loan.

Apply Now

If you live in Mayo, South Carolina, and need some quick cash, consider filling out an online application on our website at TheGuaranteedLoans.com. As a connector service, we will help facilitate your connection with potential lenders. Our application process is simple and straightforward, and your information is kept confidential and secure. So, if you are in a financial bind, don’t hesitate to reach out and fill out our online application today!

Key Facts and Statistics About Payday Loans in Mayo, South Carolina

  • Payday loans in Mayo, South Carolina are legal and regulated by state-specific laws.
  • The maximum loan amount allowed in Mayo is $1,000, and the maximum term is 31 days.
  • The interest rate for payday loans in Mayo, South Carolina cannot exceed 15% of the loan amount.
  • Lenders can charge a maximum fee of $15 per $100 borrowed.
  • The average APR for a payday loan in South Carolina is 391%.
  • The average loan amount for a payday loan in South Carolina is $585.

Conclusion

Payday loans can be a lifesaver for those in need of immediate financial assistance. However, before taking out a loan, it is important to carefully review the lender’s terms and fees to avoid any surprise charges or potential debt traps. If you are considering a payday loan in Mayo, South Carolina, make sure to consult with your financial advisor or a trusted expert to help you make an informed decision.

F.A.Q.

Are there any restrictions on how many payday loans I can have at once in Mayo, South Carolina?

Yes, in Mayo, South Carolina, a borrower can only have one payday loan at a time.

Can I rollover my payday loan if I cannot repay it on time in Mayo, South Carolina?

No, rollovers are not allowed in Mayo, South Carolina, and borrowers are required to repay their payday loans in full on the agreed-upon date.