Commercial Vehicle Title Loans in South Carolina

Box trucks, work trucks and other commercial vehicles titled in your name may qualify, subject to review.

Commercial Vehicle Title Loans with Platinum VIP pricing

Every Platinum VIP loan — whatever the commercial vehicle — carries a maximum APR of 35.99%. That cap applies to every loan we make to South Carolina residents. Always quick, confidential and easy!

Sample cost

$1,200 over 12 months at 35.99% APR: payment $120.54/month, finance charge $246.48, total $1,446.48.

Is this right for you?

A title loan is secured by your vehicle, so it should be used for real needs and only when the payment fits your budget. Ask yourself whether the monthly payment above is affordable alongside rent, insurance and groceries. If not, consider borrowing less or one of the alternatives on our responsible lending page.

Next steps

Check the requirements, review rates & terms, then apply. We work to make the process hassle free, so you can get back to your day.

Popular in: Sumter Aiken Greenwood Orangeburg. Related: Refinance Your Title Loan at 35.99% APR · Title Loans and Your Credit Score · Online Title Loans in South Carolina

More from the Platinum VIP team

In most cases, title loan companies find your car after you enter loan default by checking your credit report. This report is essentially a detailed record of your credit history. It is compiled by credit reporting agencies (like Experian, Equifax, and TransUnion). The report will include plenty of relevant personal information, such as your name, address, and past addresses. It may also include your employment history and other identifying factors that tell creditors and lending companies more about you. While credit reports are primarily used to determine your creditworthiness and credit risk, they can be accessed by your title loan company if you enter a loan agreement and fail to meet your debt obligations.

Before a title loan company can find your car, a lien is added to your car’s title after the loan is funded. This lien is the lender’s legal right to your car during the repayment process. While the lender is not the owner of the vehicle, they have a vested interest in your asset while you are paying off the loan. This is due to the fact that you are required to use your car’s title as collateral for funding. Taking out a title loan involves signing a loan contract and agreeing to the terms and conditions of the loan. This includes paying the loan according to the predetermined schedule. If you fail to keep up with your payments, the potential consequence of loan default is vehicle repossession.

Some lenders will offer grace periods and other options if you are struggling with your payments. Keep in mind that a title lender or loan servicer will be more willing to work with you if you reach out to them prior to defaulting on your loan. Proactive communication is important! Reach out to the appropriate party ASAP if you can’t make your payments.

APR disclosure: The Platinum VIP Title Loan carries a maximum Annual Percentage Rate (APR) of 35.99%, which includes the $15 South Carolina lien fee. Your actual APR, finance charge, payment amount and term are disclosed in your written loan agreement before you sign. A title loan is secured by your vehicle; if you do not repay as agreed, your vehicle may be repossessed. Borrow only what you can afford to repay. Loans are made by 1st Capital Finance of South Carolina Inc, the lender, 3420 Hwy 21 Ste B, Fort Mill, SC 29715. 1st Capital Finance of South Carolina Inc is licensed by the South Carolina State Board of Financial Institutions, Consumer Finance Division, as a Supervised Lender (License No. SL-1966027) under S.C. Code § 37-3-503. Loans are available only to South Carolina residents and are originated online. Submitting information on this website does not guarantee loan approval.