CAR TITLE LOANS ONLINE
IN SOUTH CAROLINA!

South Carolina Auto Title Loans – How Do They Work

Title loans are an excellent option for borrowers in South Carolina. Unlike conventional loans, you don’t need to deal with a credit check, and you can get approved and funded in half the time. When you take out a title loan, your vehicle’s equity is used as collateral for the loan, with funding amounts up to 20k. You won’t need a good credit score, you’ll keep driving the vehicle with your pink slip serving as security, and many lenders won’t even check your credit!

Use the cash from your loan for whatever you need. But remember, because of the high rates and the risk of vehicle repossession, you should only work with a secured lender as a last resort! Some benefits come with a title loan, such as high loan amounts and quick underwriting, but some drawbacks come with using your vehicle as collateral for a loan. So, let’s break down the requirements, benefits, and possible outcomes to expect when you consider a title loan provider in South Carolina.

Requirements For Online Title Loans In South Carolina

You must provide a paid off vehicle as collateral for the amount borrowed. There’s no getting around this requirement, as the lender uses your pink slip to secure the loan. Some companies in South Carolina may offer title loans if your existing balance is less than $1,000, but even in this case, getting approved is not as easy as if you had a paid off car title. For someone looking to borrow $5,000 or more, but a lienholder still holds your title, you must pay off that lien before a finance lender signs off on the loan.

Vehicle owners must show proof of income from a current full time job, insurance settlement, or other income sources. Proof of income can include checking statements or W-2 forms and a recent work schedule for employment verification purposes. Some borrowers may even be required to provide pay stubs or evidence of steady income. Additional requirements for a South Carolina title loan are limited to proof of registration from the DMV, insurance verification, and you need proof of ID and residency.

Apply Online Or Meet With A Local Lender in South Carolina

The title loan industry has had a lot of changes over the years, one of which is where you apply for your title loan. Gone are the days when a company required applicants to make an office visit with their car title. It used to be that borrowers physically had to bring their car or truck into a lender, and they would evaluate it as part of issuing a secured loan. In those cases, the underwriting process would drag on for days, and you had to meet with multiple people to cash out equity from your vehicle.

Applying online lets you complete everything at your own pace while ensuring you get the most competitive rates and terms. Online title loans with no store visits are a great way to borrow $3,000 or more in South Carolina. You can typically complete your vehicle inspection over the phone or online with a quick video presentation of the vehicle. Like an in-person inspection, you must verify that the car runs well and show the odometer reading and VIN on video.

The option still exists, however, to apply with a local company offering title loans in Columbia, SC. You also have your pick of multiple finance companies in Charleston and Greenville, and there is also a handful with inspection offices and locations in Rock Hill. It may take longer to get cash when you meet with a local title loan company versus applying online or over the phone, but you may have a better experience working with someone in your neighborhood, so whichever choice you choose, you should be fine.

At Premier Title Loans, we can get you approved for a title loan in South Carolina online or by calling 800-250-6279. We’ve even got you covered if you want to inspect your vehicle and pick up your loan proceeds from a neighborhood lender near you! Whichever option you choose, we’ll get you the best terms and higher loan amounts for the equity in your vehicle.

Qualifying For Auto Title Loans in SC With Bad Credit?

When you need a title loan in South Carolina, and your credit is less than ideal, you may think you have few options. After all, if you have bad credit, you’re probably worried about paying back the loan on time, as you’ve likely defaulted in the past. Fortunately, most companies know that making every payment is challenging. What matters the most is how much equity you have in your car or truck, not your credit history!

With regular proof of income and a lien free title, almost everyone will qualify for title loans in SC, even with negative marks on their credit report. It should also be noted that some lenders allow borrowers to renegotiate or take out additional cash whenever necessary to ensure they can stay current on their payments and handle emergency expenses. You need to check and see if your title loan company is following the South Carolina Regulations that cover short term and secured lending. That way, you can be comfortable knowing you made the right choice.

When To Get My Cash And How Much Can I Get In South Carolina

The underwriting process differs depending on your vehicle’s current condition and status. South Carolina title loan companies can process your loan quickly, and you may be able to complete the in person inspection within one business day. Some finance lenders can even offer an estimate as soon as 20 minutes after you first apply! That means you possibly have the funds wired to a bank checking or savings account in 24 hours or less when applying online. We can also set you up with a local title loan company that offers cash in hand the same day you add them as lienholders to the car’s title. That way, there’s no need for money to hit your bank account, and you can get your loan proceeds within a few hours of applying.

When applying for title loans in Charleston, Mount Pleasant, or Rock Hill, you’ll be asked how much you need, and if you have a particular amount or range in mind, it’s alright to let the agent know what that amount is. Some companies will allow you to borrow a range between 40-70% of the vehicle resale value. So, if you have a high value car with low miles, you could get up to 20k when you get a vehicle equity loan!

Apply With Premier Title Loans In South Carolina

Are you excited to see how much money you can pull out of your car, truck, or SUV with a title loan? Call us at 800-250-6279 or apply online to start your application. We’ll let you know within minutes if you qualify, and all it takes to get a quote is some brief contact information and details about your vehicle to get started!

Cities In South Carolina:

• • Anderson
  • Columbia
  • Florence
  • Greenville
  • Greenwood
  • Hilton Head
  • Mount Pleasant
  • Rock Hill
  • Summerville
  • Sumter