The Platinum VIP Title Loan is our premium title loan program for South Carolina drivers who want to borrow without the sky-high rates the title loan industry is known for. Every Platinum VIP loan has an Annual Percentage Rate of no more than 35.99% — a rate in line with the consumer-protection standard used by federal law for military borrowers and recommended by many consumer advocates.
Program highlights
- Maximum APR: 35.99%
- Loan amounts based on your vehicle's value and ability to repay
- Repayment terms: 6 to 24 months (never 60 days or less)
- Fixed, fully amortizing monthly payments — every payment reduces principal
- No Pre-payment Penalties (1st Capital Finance does not charge a prepayment penalty)
- Keep driving your vehicle
- Always quick, confidential and easy!
Who it's for
Platinum VIP is designed for borrowers with a clear (lien-free) vehicle title, a dependable source of income, and the ability to repay on a monthly schedule. Your credit history is considered, but a lower score doesn't automatically disqualify you — the value of your vehicle and your ability to repay matter most.
What it costs
At 35.99% APR, borrowing $1,000 for 12 months means 12 payments of about $100.45. That's a total finance charge of $205.40 for the full year. Compare that to a typical high-rate title loan and the savings can run into hundreds or thousands of dollars.
| Amount you receive | Term | Monthly payment | Finance charge | Total of payments |
|---|---|---|---|---|
| $1,000 | 6 months | $184.59 | $107.54 | $1,107.54 |
| $1,000 | 12 months | $100.45 | $205.40 | $1,205.40 |
| $2,500 | 12 months | $251.14 | $513.68 | $3,013.68 |
| $2,500 | 24 months | $147.60 | $1,042.40 | $3,542.40 |
| $5,000 | 18 months | $363.51 | $1,543.18 | $6,543.18 |
| $5,000 | 24 months | $295.21 | $2,085.04 | $7,085.04 |
Examples assume a 35.99% APR, equal monthly payments, simple interest, payments made on time, and the $15 SC lien fee financed into the loan (included in the finance charge and APR). Rounded to the nearest cent. Your terms may differ; see your loan agreement.
How to qualify
See the full list on our requirements page, then apply. We work to make the process hassle free, so you can get back to your day.
More from the Platinum VIP team
Low-interest loans can be obtained for various purposes, such as personal, home, car, and business loans. The interest rate charged on a loan depends on several factors, including the borrower’s credit score, income, and the type / term of the loan.
To obtain a low-interest loan, borrowers typically need to have a good credit score, a stable income, and a low debt-to-income ratio. They may also need to provide collateral or a co-signer to secure the loan, particularly if they have a less-than-ideal credit history.
If you do not have a decent credit score, then you can apply for a bad credit loan that can cater to borrowers with subprime credit, such as a title loan!
Low-interest loans are typically offered by banks, credit unions, and other lending institutions. You can apply for loans online as well! Online lenders have become increasingly popular in recent years, and many offer low-interest loans to borrowers with good credit. These lenders may offer a streamlined application process and quick approval times. That makes them a convenient option for borrowers who need funds quickly.
Qualifying for a low-interest loan might mean meeting a couple of requirements, like having excellent credit, demonstrating proof of your ability to repay the loan, and having a decent debt-income ratio. Let’s explore the details of a low-interest loan. Keep reading for the inside scoop!
You may not be able to qualify for the lowest interest rates on the market if you do not meet the requirements for a low-interest loan. But, you may still be able to work with a lender that offers reasonable rates within your credit bracket. Be sure to compare lenders for the best rates, lowest monthly payments, and overall a loan that works for you!
If you are able to obtain competitive interest rates, you will potentially save money and have more spending money on hand! So it is important to shop around. You need to find a loan option that can offer the competitive interest rates you are looking for (if you qualify).
Ready to get started?
Need some extra cash? Platinum VIP Title Loans from 1st Capital Finance can help you explore your options. Apply online. Maximum APR 35.99%; repayment terms 6–24 months.
Start My ApplicationAPR 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.