LendMap USALoan rules, companies & costs — mapped

Summerville, SC · South · Allowed

Payday loans in Summerville

Summerville is governed by South Carolina's statewide lending law — cities don't set their own loan rules. Storefront payday lending is permitted in South Carolina. State law caps what lenders can charge — the limits below are the legal ceiling, and honest lenders stay under it.

Allowed

The limits below are the legal ceiling — any offer above them is being made outside the law.

South Carolina · Legal limits Allowed
Max loan $550
Max term Max 31 days
Fee cap 15% of face value of check ($15 per $100)
Typical APR 391% on a standard 2-week loan
Rollovers Forbidden
Right to rescind Next business day by 5:00 PM

Lending storefronts in Summerville

49,323 residents · Berkeley County / Charleston County / Dorchester County Median household income is $55,476 — above the South Carolina median of $47,139.

7 storefront locations of 6 companies listed in the public directory snapshot below. Categories are the directory's own — verify a store's license with the state regulator before borrowing.

Lender Address Phone Hours
1st Franklin Financial
Installment Loans
1309 N Main St Ste C, 29483 (843) 873-8384 Mon 8:30 AM - 5:30 PM · hours vary
Advance America
Check Cashing/Pay-day Loans
710 Bacons Bridge Rd Ste A, 29485 (843) 871-4175 Mon 10:00 AM - 6:00 PM · hours vary
Advance America
Check Cashing/Pay-day Loans
801-B North Main St Space B, 29483 (843) 832-8685 Mon 10:00 AM - 6:00 PM · hours vary
Cash Credit
Installment Loans
1672 N Main St Ste 7, 29486 (843) 486-0966 Mon–Fri 9:00 AM - 6:00 PM · Sat–Sun Closed
One Main Financial
Installment Loans, Debt Relief Services, Auto Loan Providers
4650 Ladson Rd Ste 207, 29485 (843) 767-0997 Mon 9:00 AM - 5:30 PM · hours vary
Personal Cash Loans of SC
Installment Loans
4516 Ladson Rd Ste 19, 29485 (843) 875-7510 Mon–Fri 9:00 AM - 6:00 PM · Sat–Sun Closed
Security Finance
Installment Loans
960 Bacons Bridge Rd Unit 1, 29485 (843) 875-2296 Mon 9:00 AM - 6:00 PM · hours vary

Listing data: public business directory, collected 2022-02-20. Stores close and relocate — confirm with the regulator's license lookup on the South Carolina page before visiting. Spot an error? Report it.

7 online lenders in our directory

The online route in Summerville

A parallel market lends entirely online — application, decision and funding on a website, no storefront. Lenders licensed in South Carolina follow the state schedule anywhere in the state, but bank-partner and tribal loans are structured outside state rate limits, and regulators dispute that model.

From the online lenders directory — terms each lender publishes about itself, checked September 2026. Directory only: we are not affiliated and make no availability promises — verify with the lender and the South Carolina regulator.

The rules behind the numbers

Deferred presentment service agreements are short-term loans and are not intended to solve long-term financial problems.

In practice: borrow $300 for a standard term and the finance charge is $45 — $345 repaid at the end, about 391% APR. Every compliant lender in Summerville has to fit inside that schedule.

Statute: S.C. Code Ann. § 34-39-110 et seq.

Regulator: South Carolina State Board of Financial Institutions · bofi.sc.gov

Questions people ask in Summerville

Are payday loans legal in Summerville, SC?

Yes. Storefront payday lending is permitted across South Carolina, and Summerville runs under the same state rules: maximum loan $550, fees capped at 15% of face value of check ($15 per $100). A store charging above the cap is operating illegally.

How much would a $300 loan cost me in Summerville?

The same as anywhere in South Carolina: state law sets the schedule. On a typical $300 loan the finance charge is about $45 — $345 repaid at the end of the standard term.

Which lenders have stores in Summerville?

7 storefronts are listed in Summerville in our 2022-02-20 directory snapshot (6 different companies). The full list with addresses, phones and hours is in the table above.

Who regulates lenders in Summerville?

Complaints about a lender go to the South Carolina State Board of Financial Institutions (bofi.sc.gov) — keep the loan agreement and every fee disclosure you were given.