Payday Loans South Carolina (SC) Near Me No Credit Check

As the name suggests, South Carolina is a state that is located in South-East of the United States of America. It is popularly known for its beaches, golf courses, memorable district, and islands. It’s a resident of 5.1 million people, 13.8% of them live under the hardship of life to earn enough. Economy of the state highly varies from the sectors like Agriculture, Mining, Manufacturing, Fishing, and Services, and it holds 26th rank among the other states. In fact, living expenses are also less than the national cost of housing and transportation. But still, it doesn’t give a guarantee to never face any financial emergency, and that too when your credit score is not worth to get a loan from bank.

 

To overcome such circumstances, South Carolina has legalized payday loans up to amount of $550. There is no limit of minimum repayment time but the maximum is 31 days. For this, the average Annual Percentage Rate is 391% and the other charges can’t exceed 15%. If you are borrowing the second loan then there must be a gap of at least one business day from the day you cleared your first loan. Moreover, there are no rollovers allowed so you have to pay back on time in a single payment.