Finder may earn compensation from partners, but editorial opinions are our own. Advertiser Disclosure

Payday loans in Charleston, South Carolina

Learn the laws of your state and find out where you can go to borrow a short-term loan.


Editor's choice: OppLoans Installment Loans

  • Easy online application
  • Quick approval
  • Long repayment terms
See my rate

South Carolina has a few regulations in place to protect residents of Charleston. When you’re looking for a payday loan — or any other short-term loan — take a moment to compare your options. But remember: Payday loans can be pricey, and you won’t have much time to repay what you borrow.

Compare lenders offering payday loans in Charleston

Name Product Filter Values Loan amount Turnaround time Requirements
OppLoans Installment Loans
$500 to $5,000
1 business day
Direct deposit, meet minimum income requirements, live in eligible state
Comes with the option to change your due date so you won’t fall behind on repayments.
Fast5kLoans Short-term Loans Connection Service
$100 to $35,000
As soon as the next business day
Regular source of income, verifiable bank account, US citizen, ages 18+
Get connected with multiple lenders you might qualify with — even if you have bad credit.
LendYou Short-term Loans
$100 to $2,500
Same business day to 1 business day
$1,000+ monthly income, direct deposit, US citizen or permanent resident, ages 18+
Get offers from potential lenders in minutes by filling out just one online form.
Monevo Installment Loans
$500 to $100,000
Varies by lender
Credit score of 500+, legal US resident, ages 18+
Quickly compare multiple online lenders with competitive rates depending on your credit.
Fig Loans Installment Loans
$200 to $800, varies by state
As soon as the same business day
3 months of direct deposits, $1400 per month income, positive bank account balance
Get an affordable installment loan that comes with no fees, flexible terms and predictable monthly repayments.

Compare up to 4 providers

Can I get a payday loan in Charleston, South Carolina?

Yes. All payday lenders operating in Charleston are required to follow South Carolina Code §§ 34-39-110 et seq. Under these laws, you can borrow a loan of up to $550 for 31 days or less. Lenders won’t be able to charge more than 15% of the principal amount as interest.

The total cost of a loan will depend on your lender and the amount you borrow. If you choose to borrow the maximum loan amount, you’ll repay $632.50 — that’s $82.50 in interest and the principal of $550. This can be difficult, especially if your loan term is less than 31 days, so make sure your budget can handle the high cost of a payday loan before you sign any loan agreements.

What do I need to apply?

You can apply in-store or online, but you’ll need to give the lender personal information about yourself in order to confirm your identity and your income. This may include:

  • Your name, address, email and phone number.
  • Your date of birth and Social Security number.
  • Details from a valid form of ID.
  • Your employer’s name, address and phone number.
  • Your gross monthly income and pay schedule.
  • If you’re applying online, details about your bank account.

Lenders will also typically require that you meet a few basic minimums: You must have a regular source of income, you must be a US citizen or permanent resident and you must be at least 18 years old in order to qualify.

Where to find short-term loan locations in Charleston

Short-term loan locations near me in Charleston, SC

  • Check Into Cash. Dorchester Road and Savannah Highway
  • Carolina Payday Loans, Inc. Savannah Highway and Sam Rittenberg Boulevard
  • Approved Cash. Savannah Highway
  • ACE Cash Express. Dorchester Road, Sam Rittenberg Boulevard and McMillan Avenue
  • Advance America. Ashley River Road, Folly Road and Rivers Avenue
  • First American Cash Advance. Dorchester Road
  • Check ‘n Go. Sam Rittenberg Boulevard

Must read: Be cautious of restricted loan term

Payday lenders in Charleston are legally required to limit your loan term to 31 days or less. That means you’ll likely have less than a month to repay your loan, which can lead to financial struggles down the road if you don’t budget carefully.

When you borrow, keep a few tips in mind: Only take out as much as you need, and if you know you won’t be able to repay your loan on the due date, contact your lender. Fortunately, lenders aren’t allowed to charge any returned check fee in South Carolina. That being said, it may be worth your time to look into some short-term loan alternatives before you borrow.

What are my other short-term loan options in Charleston?

Because payday loans are so limited, you may want to consider two other top options when you’re looking for a loan.

  • Installment loans. South Carolina doesn’t have specific limits on installment loans, which give you more time to repay what you borrow. However, there are still some regulations lenders must abide by. You can borrow no more than $7,500 from an installment loan provider, and the amount you pay in interest will vary by loan amount.
  • Auto title loans. Auto title loans allow you to use your car’s title as collateral. In order to avoid the short-term loan restrictions, many auto title loan lenders only offer loans of $2,500 or more — which means you might not be able to find one if your car isn’t worth much or if you can’t afford the high fees of borrowing such a large amount.

Bottom line

Payday loans are available in Charleston, but it’s still up to you to make sure your lender follows all of South Carolina’s state regulations. And when you’re looking to borrow, be sure to balance the cost of the loan against your need.

You should also take the time to learn more about payday loans so you can be sure you’re making the right financial decision.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site