South Carolina permits deferred-presentment loans up to $550, tracked through a statewide database that limits borrowers to one loan at a time. Fees are capped at 15% of the amount advanced, producing a high effective APR over the short term. These loans are intended for short-term needs only.
Key limits in South Carolina
- Maximum loan amount: $550
Figures can change — always confirm current limits with the official source below before borrowing.
Source: Consumer Federation of America (paydayloaninfo.org) · last verified 2026-07-24 · pending second-source verification
This page is general information, not legal or financial advice. State laws change; verify current rules with your state regulator or the source above.