How Long Does the Title Loan Process Take? in South Carolina

Timing depends on how quickly you provide documents, the online vehicle review, our's review and the funding method. Having your title, ID and proof of income ready helps, but no specific funding time is promised.

How Long Does the Title Loan Process Take? with Platinum VIP pricing

Every Platinum VIP loan — whatever the process — 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

$800 over 6 months at 35.99% APR: payment $147.67/month, finance charge $86.02, total $886.02.

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: Beaufort Hilton Head Island Goose Creek Gaffney. Related: Online Title Loans in South Carolina · Title Loans for Self-Employed Borrowers · Loans Against a Paid-Off Car

More from the Platinum VIP team

Even if you’re applying individually, some lenders may allow you to list your spouse’s income as household income, or they may ask for it to get a fuller picture of your financial situation. Although, the primary basis for approval will still be your own creditworthiness and income.

The Consumer Financial Protection Bureau (CFPB) amendment to the Credit Card Act of 2009 allows creditors to consider spousal and household income during applications that meet certain criteria.

This amendment was a game-changer for stay at home applicants who had “reasonable” access to their partner’s income. That could mean the partners having a joint bank account, or another instance where the individuals have merged their finances. As long as the applicant was 21 years of age or older and met the criteria, card issuers could consider the monthly income of a spouse or partner when evaluating an individual for a new credit card account or an increased credit limit.

You can use your spouse’s income for a personal loan application if you are applying for the loan with them! When submitting your loan request online or over the phone, there will often be a prompt to add a co-borrower, or you can call the lender directly to discuss your options. Both of you will need to provide sources of income, along with other documents to verify your information. If you are applying for a personal title loan, you will need to provide additional documentation, such as a car title in your name and proof of insurance in some cases.

Potentially Better Loan Terms: With a higher combined income, lenders may view your application as less risky (due to the lowered credit risk), potentially leading to more competitive interest rates and favorable loan terms.

Larger Loan Amounts: A stronger financial profile can qualify you for a larger loan amount, which can be beneficial for significant expenses like home renovations, debt consolidation, or a major purchase.

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.