Planning for Unexpected Expenses in South Carolina

Car repairs, medical bills and home repairs rarely come at a convenient time. An installment title loan at no more than 35.99% APR, repaid over 6 to 24 months, is one option; savings, payment plans and credit union loans are others.

Planning for Unexpected Expenses with Platinum VIP pricing

Every Platinum VIP loan — whatever the unexpected expense — 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

$2,000 over 18 months at 35.99% APR: payment $145.40/month, finance charge $617.20, total $2,617.20.

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: Anderson Florence Sumter Aiken. Related: APR Explained: What 35.99% Means · Title Loan Buyout · Using a Title Loan for Home Improvements

More from the Platinum VIP team

If you are still financing your car, your vehicle must have enough positive equity to qualify as collateral for the loan. So, you must be fairly close to paying it off in most cases.

Typically, yes, you do need a clear title to get an auto title loan, but there are exceptions. If you do not have a clear title in your name, that means that a title lender or auto lender has already placed a lien on it, so you are not the true owner of the vehicle. While a lien is in place, your vehicle cannot be sold or transferred to a new buyer.

Are you refinancing your current title loan or applying for a title loan with a financed car? You may have options. Having bad credit won’t always hold you back!

This includes your interest rate, along with the amount of time you have to repay the loan. Getting a new title loan through refinancing could mean more time to pay. For some borrowers, this extended term is necessary to get their finances back on track!

Short answer? Yes, it is possible to use your car as collateral, even if it isn’t completely paid off. However, it will depend on the particular lender’s requirements for the car’s available equity, and they can vary. The equity built up in the car is what matters the most! Equity is simply your car’s market value compared to what’s left on the current loan.

Default Notice: Lenders may be required to send a notice (or warning) regarding defaulted payments. They may offer a grace period in some cases to hopefully let the borrower catch up on payments.

Repossession: If the borrower still cannot pay on the loan, the lender can legally repossess the vehicle. The exact repossession laws vary from state to state.

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.