Payday Loans in Greenville, South Carolina

Things happen, and we usually end up in a situation where we have to pay for some surprise costs. Think about submitting an application for a payday loan in Greenville, South Carolina, to see if you qualify.

The loan request process is quick and painless. To qualify, loan borrowers have to satisfy a few basic criteria.

What is a Paycheck Advance Loan? What Can It Pay For?

A paycheck advance loan is where the borrower will get a petite amount of money on a short-term contract. This is thought of as an unsecured loan as no collateral is required.

When unexpected costs come up, for example missed rent or utility costs, vehicle repairs, medical or vet bills, and so forth, people frequently seek out payday loans.

Cash Advance Loan Requirements In Greenville, SC

In Greenville, SC, cash advance loan borrowers need to satisfy several requirements to be eligible for a loan.

The borrower must:

• Show proof that they live in Greenville, SC
• Must be 18 years of age
• Receive an income that they can provide proof of being at least $1,000/month
• Give up-to-date contact information including phone number and email address
• Provide their SSN

If a borrower does not satisfy the above rules, they will automatically be denied a payday advance loan. Make sure you can provide the documents required when applying.

Laws and Rules Concerning Paycheck Advance Loans in Greenville, South Carolina

The State of South Carolina has deemed payday lending legal. Still, they have put forth the below rules and laws for the cash advance lending industry:

• A single money lender cannot offer a loan in excess of $600. Borrowers cannot possess greater 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 South Carolina, borrowers cannot rollover their loans.
• The fees and charges vary for each money lender. The service costs charged by the lender on a cash advance loan do not fall under interest. The service fees apply to each $100 loaned and can vary from 11% up to 15%.
• An interest rate is required to be mutually settled upon. APR can be as much as 369%.

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

Yes, the lenders we work with will do a credit check on you, but, even if you possess no credit or less than stellar credit, you might still be approved for a loan as long as you can prove that you can pay back the loan. Lenders are usually unconcerned about your credit history if you offer proof of income and a strategy to repay the loan.

Lenders will rely on a soft credit check, which will not impact your credit score. This is simply to get an idea of your credit history and general information.

A hard credit pull, alternatively, requires your permission. These credit checks are performed for various purposes, including mortgages, credit cards, and more.

You can still be approved for a paycheck advance loan with less than great credit in Greenville, SC, if you have proof of repayment.

So, when you apply, whether it is in person or online, make sure that you have your income information ready and any other documents showing that you can pay back the loan. The more evidence you possess, the better chance you are to be approved.

When Will I Receive My Loan in Greenville, SC?

When you get your loan truly relies on your lender as some lenders provide same-day paycheck advance loans, which means you will receive your cash advance loan on the same day you submit your application, as long as you're approved.

Most of the time, though, lenders will give the borrower their lump sum on the following business day. Businesses often close for holidays and weekends. Therefore, if you apply on a Friday, you may not see your money until Monday.

If you're searching for a same-day payday loan in Greenville, SC, you will need to be sure that you're applying by 10:30 am. All same-day deposits going out that day will be approved by that deadline. However, you should submit an application earlier than that if able, as it will increase the likelihood that you see your loan on the day that you apply.

One additional factor that you should be aware of is despite if the lender grants your loan request and posts the credit to your checking account, sometimes the bank won't release that funds right away. It's important to let your bank know that you plan to receive a cash advance loan, so they could possibly make an exception in releasing the money earlier.

On the whole, it's wise to prepare in advance to get money on the following business day. That way, you're not out of luck if you cannot get it on the same day.

Consider Borrowing From Us

If you possess poor credit or no credit and are wanting to get a payday loan, consider applying through us, as you usually have a better chance of approval.

We work with hundreds of different lenders who provide their services online. Much of the time you will see your loan on the following business day so ensure that you plan correctly.

Although, you can always find the nearest cash advance loan storefront to you and apply in person to boost the chances of receiving your money on the same business day. When submitting an application in person, ensure that you have your government ID or driver's license; a passport is sufficient. Infrequently, lenders may ask for proof of address, so take along a utility bill to the store as well.

To locate the nearest paycheck advance loan storefront, please navigate to the list below and search for your city.

Payday Loan Direct Lender Companies in Greenville, SC

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