Payday Loans in Columbia, South Carolina
134,309 people live in Columbia, and every one of them borrows under the same South Carolina guardrails: a $550 cap, a $45 maximum fee on a $300 loan. Local branches and online lenders alike must fit inside those numbers — check any offer against this page.
Cap $550 · Max 31 days
The price in Columbia is the state's
South Carolina sets one price for the whole state, and Columbia lenders work inside it: a $300 advance carries up to $45.00 in fees — repay $345.00 (≈391% APR, 14-day framing).
Columbia at a glance
- Maximum loan: $550 per loan — the South Carolina statute, applied identically in Lexington County County
- What a $300 loan really costs: up to $45.00 in fees, repaid as $345.00 within Max 31 days
- Cheapest alternative worth pricing first: an earned-wage draw on hours already worked — usually a few dollars against the whole fee
- Sovereign route: tribal installment loans — $300–$2,000 over 3–24 months, lender-set APRs disclosed in the agreement
- Fastest realistic funding: apply in the morning — same-business-day ACH before the cutoff, next business morning after it
Getting funded in Columbia
- One form. Submit once — email, name, amount. Two minutes, soft check, free to ask.
- Lenders licensed for South Carolina review it. Decisions key on income and a checking account, usually within minutes.
- Check the disclosure. The fee must fit the table above — that is your legality check, wherever the lender is based.
- Repay once. One debit on the agreed date; if the date is wrong, ask about the state's extended payment plan before the due date.
Frequently asked questions
What does a $300 payday loan cost in Columbia?
South Carolina law caps it at $45.00 in fees — repay $345.00 within Max 31 days (≈391% APR on the 14-day framing). Every licensed lender serving Columbia must fit inside that number.
Do I have to live in Columbia to apply here?
No — you need to live in South Carolina, in Columbia or anywhere else in the state. The rules that set the price are South Carolina's, and the lenders in the network serve the whole state, including smaller towns around Lexington County County.
How fast is funding for Columbia borrowers?
Decisions arrive in minutes; ACH funding lands the same business day when the approval beats the lender's early-afternoon cutoff, otherwise the next business morning. Weekend requests fund on Monday.
What qualifies in Columbia?
Verifiable depositable income, an active checking account in your name, 18+ with ID. Decisions key on income and account health rather than a score, and seeing offers uses a soft check that never touches your report.