Title Loans for Retirees and Benefits Recipients in South Carolina

Retirees and borrowers receiving Social Security, pension or disability income may qualify. We size payments carefully to a fixed income.

Title Loans for Retirees and Benefits Recipients with Platinum VIP pricing

Every Platinum VIP loan — whatever the fixed income — 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

$4,000 over 24 months at 35.99% APR: payment $236.16/month, finance charge $1,667.84, total $5,667.84.

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: North Charleston Greenville Spartanburg Myrtle Beach. Related: Loans Against a Paid-Off Car · Planning for Unexpected Expenses · Boat Title Loans

More from the Platinum VIP team

As long as your vehicle meets the lender’s criteria for a title loan and you meet the other requirements, you can qualify for the financial help you need.

Another way to maximize your eligibility for a car title loan is to gather all of your documents in advance. Being prepared and having the correct documents on hand can ensure that your application is as smooth as possible so you can potentially avoid hiccups! Make sure that your paperwork is valid and accurate prior to beginning the submission process with your lender.

Car title loans are secured by collateral, but they are still a higher risk to lenders. It is still possible to get a car title loan even if you have a bad credit score, though! But this flexibility may come at a literal price, meaning that your interest rate could be higher than if you had a good credit score and were eligible for a traditional bank loan.

If you have close friends and family that you can borrow money from, you can ask them for some financial help. Involving money in a relationship can change it (and not always for the better) so it is important to consider whether or not you are capable of paying your loved one back. Failure to pay your friend or family member back can result in a permanently damaged relationship!

Ultimately, the option you choose should reflect your current financial situation and your overall goals. It’s important to consider whether or not you can pay back a loan or credit card cash advance before you make your decision!

One of the potential risks to title loan borrowers is losing their vehicles because they were unable to keep up with their payments. It is really important to understand what you can realistically borrow so that you can avoid any unpleasant surprises and maintain a good relationship with your lender. If you are struggling at all during the repayment process, reach out to them right away! You may be able to request a loan modification or refinance your loan with a new lender to get more manageable loan terms that better suit your budget.

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.