Compare legal limits, fees and the true cost of small loans in your state before you talk to any lender. Compare legal limits, fees and the true cost of small loans in your state.
Payday loans in Spartanburg, South Carolina
South Carolina payday loan rules that apply in Spartanburg
- Max loan amount
- $500
- Min loan term
- N/A
- Max loan term
- 31 days
- Finance charge cap
- 15% of face value
- Max absolute fee
- $75
- Typical APR
- ~391%
- Rollovers (extensions)
- Prohibited
- Simultaneous loans
- 1 active loan
- Right to rescind
- Next business day
- Governing law
- SC Deferred Presentment Services Act
- Regulator
- SC Board of Fin. Inst.
Spartanburg at a glance
| Metric | Spartanburg | South Carolina | United States |
|---|---|---|---|
| Population | 118,501 | 5.2M | 332.3M |
| Median household income | $55,526 | $69,406 | $85,275 |
| Median rent | $1,029/mo | $1,160/mo | $1,432/mo |
| Income spent on rent | 34.0% | 32.2% | 31.6% |
| Homeownership | 59.3% | 71.7% | 65.4% |
| Poverty rate | 20.3% | 14.4% | 12.6% |
| Unemployment rate | 6.0% | 5.0% | 5.3% |
| Without health insurance | 12.4% | 10.0% | 8.6% |
| Veterans | 6.6% | 8.6% | 6.5% |
Source: U.S. Census Bureau, American Community Survey, by ZIP code. City and state figures are population-weighted averages of ZIP code data and are approximate.
Payday loan cost calculator for Spartanburg
Move the sliders to see what a payday loan would cost under South Carolina rules and how it compares with local incomes.
South Carolina maximum: $500
South Carolina maximum: $15
Rollovers are not allowed in South Carolina.
- Fee
- $75
- Total to repay
- $575
- APR
- 391%
- Share of a two-week household paycheck in Spartanburg
- 3.5%
Estimate only. APR = fee ÷ amount × 365 ÷ term. Lenders may charge less than the state maximum; actual terms vary.
What a payday loan costs in Spartanburg
- Fee on a $500 loan
- $75
- Share of a two-week household paycheck
- 3.5%
- Hours of work at the local median wage
- 5.1 hours
- Rollovers
- Not allowed in South Carolina
Example based on the South Carolina maximum fee for the maximum loan and local median incomes: two-week paycheck = household income ÷ 26, hourly wage = individual income ÷ 2,080. Actual terms vary by lender.
Spartanburg in context
- Population rank in South Carolina
- 8th
- of 25 South Carolina cities with 50,000+ residents
- Median household income rank
- 24th
- of 25 South Carolina cities with 50,000+ residents
- Households earning under $25,000
- 22.6%
- ▲ 5.0 pts vs SC
- Median home value
- $190,009
- ▼ 25% vs SC
- Home value to income
- 3.4×
- A $400 emergency expense
- 2.6 days
- of median household income
Payday loan stores in Spartanburg, SC
Licensed storefront lenders in Spartanburg with addresses, phone numbers and hours. We do not rank or recommend any lender; confirm each company's license with the SC Board of Fin. Inst. before you borrow.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 1394 W O. Ezell Blvd Spartanburg, SC 29301 | (864) 504-3578 | — | 5.0 |
| 1777 Asheville Hwy Spartanburg, SC 29303 | (864) 573-6701 | — | 5.0 |
| 1940 E Main St Spartanburg, SC 29307 | (864) 582-1260 | — | 5.0 |
| Sunbelt Credit 1450 W O. Ezell Blvd Ste 230 Spartanburg, SC 29301 | (864) 582-5421 | — | 4.9 |
| 2225 E Main St Ste E Spartanburg, SC 29307 | (864) 582-5486 | — | 4.1 |
| 1735 John B White Sr Blvd Ste 11 Spartanburg, SC 29301 | (864) 587-1021 | — | 4.8 |
| 975 Beaumont Ave. Spartanburg, SC 29303 | (864) 542-0982 | Mon–Fri 9:00 AM – 5:30 PM Sat 9:00 AM – 12:00 PM Sun closed |
— |
| 227 E Blackstock Rd Ste 300 Spartanburg, SC 29301 | (864) 576-3224 | — | 4.9 |
| 1703 John B White Sr Blvd Ste E Spartanburg, SC 29301 | (864) 587-7342 | — | 4.1 |
| 7750 Warren H Abernathy Hwy Ste D Spartanburg, SC 29301 | (864) 595-5934 | — | 4.8 |
| 1450 W O. Ezell Blvd Ste 240 Spartanburg, SC 29301 | (864) 576-5552 | — | 3.9 |
Fast & secure payday loans in Spartanburg, South Carolina
Unexpected expenses can happen anytime. If you need urgent cash in Spartanburg, our service connects you with trusted, state-licensed lenders.
Apply online from the comfort of your home, get a fast decision and, if approved, receive funds in your bank account as soon as the next business day.
Why Spartanburg residents use us
- Fast 5-minute request A simple online application, with no waiting in line at a storefront.
- Bad credit considered Lenders focus on your steady income, not just your credit history.
- Borrow up to $500 Loan terms must comply with the SC Deferred Presentment Services Act.
- Safe & confidential Your personal and financial details are sent over an encrypted connection.
Notice for Spartanburg residents: Payday loans are designed for short-term emergency needs and should not be used as a long-term debt solution. Interest rates, fees and maximum loan amounts are governed by South Carolina law (SC Deferred Presentment Services Act). Always review the contract terms carefully before signing.
Spartanburg payday loan FAQ
How much cash can I borrow in Spartanburg?
Loan amounts in Spartanburg are typically from $100 up to $500, in line with South Carolina lending law. Your exact approved amount depends on your verifiable income, existing debt and the lender’s evaluation.
Do I need to visit a storefront in Spartanburg to apply?
No. The whole process is handled securely online, so you don’t need to wait in line at a local check-cashing store or branch. If approved, your funds are deposited directly into your bank account by ACH transfer.
Can I qualify for a payday loan in Spartanburg with poor credit?
Possibly. A traditional FICO score is not the only factor. Lenders in our network mainly look at whether you have a steady, recurring income and an active checking account to handle repayment. Approval is not guaranteed.
How quickly will I receive my funds in Spartanburg?
Many applicants get a decision within minutes. Once you review and e-sign your agreement, lenders typically release the cash the same day or the next business day, depending on your bank’s transfer cutoff times.
What are the minimum requirements for Spartanburg residents?
To qualify, you must:
- Be at least 18 years old.
- Live in Spartanburg or the surrounding South Carolina area.
- Have an active checking account in your name.
- Provide proof of consistent monthly income (employment, benefits or recurring deposits).