Payday Loans in Fountain Inn, South Carolina

Incidents happen, and we usually wind up in a situation where we have to cover some unforeseen costs. Consider submitting an application for a payday loan in Fountain Inn, South Carolina, to see if you are eligible.

The loan application process is fast and straightforward. To qualify, loan borrowers have to meet a few general requirements.

What is a Payday Advance Loan? What Can It Cover?

A payday advance loan is where the borrower will receive a petite amount of cash on a short-term agreement. This is deemed to be an unsecured loan because no collateral is required.

When surprise expenses present themselves, like late rent or utility costs, car fixes, health or vet bills, and so on, people usually rely upon cash advance loans.

Cash Advance Loan Requirements In Fountain Inn, South Carolina

In Fountain Inn, South Carolina, cash advance loan borrowers must meet a few requirements to qualify for a loan.

The borrower must:

• Show proof that they are a resident of Fountain Inn, SC
• Must be 18 years old
• Have a steady income that they can provide proof of being at least $1,000 per month
• Provide current contact details including phone number and email address
• Provide their SSN

If a borrower does not abide by the above criteria, they will immediately be denied a payday loan. Make sure you possess the documents needed when applying.

Laws and Rules Regarding Payday Loans in Fountain Inn, South Carolina

The State of South Carolina has ruled payday lending legal. Still, they have set the below rules and regulations for the payday advance lending market:

• An individual money lender cannot extend a loan greater than $600. Borrowers may not have more than two outstanding loans from different lenders. There is no minimum loan amount.
• There is no minimum loan term, the longest loan term length is 31 days. In the State of South Carolina, borrowers may not rollover their loans.
• The fees and charges are different for each lender. The service costs charged by lenders on a payday loan are not considered interest. The service fees apply to each $100 borrowed and can range between 11-15%.
• An interest rate is required to be mutually decided upon. APR can range up to 369%.

Will Payday Lenders in Fountain Inn, South Carolina, Complete Credit Checks? What If I Have Dismal/No Credit History At All?

Yes, the lenders we have a relationship with will do a credit check on you, but, even if you possess no credit or poor credit, you might still be eligible for a loan provided you can show that you can pay back the loan. Lenders are commonly unconcerned about your credit if you have proof of income and a strategy to pay back the loan.

Lenders will rely on a soft credit check, which will not impact your credit score. This is solely to get a look at your credit history and basic information.

A hard credit pull, dissimilarly, needs your explicit consent. These credit inquiries are utilized for a variety of purposes, including mortgages, credit cards, and more.

You can still be approved for a cash advance loan with less than great credit in Fountain Inn, SC, if you can prove you will repay the loan.

Therefore, when you apply, albeit in person or online, make sure that you have your income information at hand and any other documents proving that you can pay back the loan. The more proof you show, the more likely your loan application will be approved.

When Will I See My Funds in Fountain Inn, SC?

When you get your deposit really relies on the lender as some lenders provide same-day cash advance loans, which means you will receive your payday loan on the same day you request a loan, as long as you receive an approval.

Most of the time, however, lenders will give the borrower their lump sum on the following business day. Businesses often close for holidays and weekends. Because of this, if you submit your application on a Friday, you may not receive your deposit until Monday.

If you're needing a same-day payday loan in Fountain Inn, South Carolina, you will need to ensure you're applying by 10:30 am. All same-day loans going out that day will be approved by that cut-off. However, you should submit an application earlier than that if able, as it will boost the likelihood that you see your loan on the same day that you apply.

One other factor that you should be aware of is despite if the money lender approves your application and posts the deposit to your checking account, sometimes the bank won't release that deposit at that time. It's vital that you let your bank know that you plan to receive a payday advance loan, so they could possibly make an exception in releasing the loan earlier.

On the whole, it's wise to prepare in advance to get your loan on the following business day. That way, you're not surprised if you cannot receive it on the same day.

Think About Borrowing From Us

If you have less than great credit or no credit and are looking to get a cash advance loan, think about applying through us, as you most likely have a higher chance of approval.

We work with hundreds of different lenders who provide their services online. Most of the time you will receive your loan on the next business day so make sure that you plan correctly.

Although, you can always find the nearest payday advance loan storefront to you and apply in person to increase the chances of receiving your loan on the same day. When requesting a loan in person, ensure that you have your government ID or driver's license; a passport will work as well. Now and again, lenders may request proof of address, so take along a utility bill to the store as well.

To find the nearest payday advance loan store, please refer to the list below and search for your city.

Payday Loan Direct Lender Companies in Fountain Inn, SC

Below you will find a list of payday loan companies offering their services in Fountain Inn, South Carolina. If you can't find a lender near your location in Fountain Inn, consider applying in a nearby city in South Carolina. Alternatively, you can apply online on our website and get a decision almost instantly.