South Carolina Installment Loan
- Installment Loans from $600 to $3,000
- Same Day Funding Available
- Rapid Processing & Approvals
- Limited Requirements
- No Prepayment Charges
- Funds Deposited Directly into Your Checking Account
South Carolina Installment Loan
- Installment Loans from $600 to $3,000
- Same Day Funding Available
- Rapid Processing & Approvals
- Limited Requirements
- No Prepayment Charges
- Funds Deposited Directly into Your Checking Account
South Carolina Installment Loans for Federal Employees
Where can you get cash when the unexpected empties your bank account, and you still need more?
Coast 2 Coast Lenders is dedicated to helping non-military federal workers when they need cash. For more than 6 years, we have provided installment loans for federal employees in South Carolina for those who are employed by a federal agency. We offer medium-term installment loans, which you pay back through allotments (payroll deductions). You can decide to let your loan run its full term (roughly 11 months), or you can pay off the loan at any time, without being charged for an early payoff. The choice is yours, because it’s your loan.
Because we only service loans for federal employees in South Carolina, Delaware, Mississippi, Missouri, New Mexico, Texas, Utah, Tennessee, and Wisconsin, our services are streamlined to simplify the entire loan process. Using DocuSign, you need only to fill in and submit all necessary documents, and then wait for the money to be deposited directly into your checking account, most often the next day, unless you supply all information quickly enough to receive your loan that afternoon!
When financial pressure begins to buckle the walls of your life, let us be the solution that helps you get everything back on an even keel. Of course it doesn’t need to be anything drastic. Maybe you need a short getaway from a stressful week at work. Whatever you need, if you work for a federal agency in Delaware, Illinois, Mississippi, Missouri, New Mexico, South Carolina, Tennessee, Texas, Utah, or Wisconsin, start your loan application today to get your cash as early as tomorrow!
South Carolina Board of Financial Institutions
3rd Floor, Suite 306, Edgar Brown Building, 1205 Pendleton St
Columbia, SC 29201
TEL 803.734.2020
FAX 803.734.2025
http://www.consumerfinance.sc.gov/
Coast 2 Coast Lenders, LLC Complaint Information
Loan related:
Pamela Gutierrez, VP of Operations
800-818-1908, ext 501
pgutierrez@coast2coastlenders.com
All other complaints:
South Carolina Installment Loan
An installment loan is a medium-term loan, usually with a higher principal amount than short-terms loans. It is repaid gradually in installments over 22 payroll deductions (allotments) for a period of roughly 11 months. This loan may be repaid early at any time with no prepayment charges.
Coast 2 Coast Lenders is licensed in State of South Carolina State Board of Financial Institutions
South Carolina Rates & Terms
* Actual loan terms may vary based on applicant’s qualifications
** APR’s may vary based on calendar days between loan funding and first payment as well as the State of residence of the borrower.
Loan Amount* - $600-$3000
Loan Term- 22 Payroll Deductions (allotments)
Annual Percentage Rate- 95%-200%**
Late Fee- If you are 10 days late in making a payment, you will be charged 5% of the unpaid amount (not to exceed $18).
What it Costs
The chart below represents an illustrative example of the cost of a $600 loan. Please see your loan agreement for the annual percentage rate (APR) and other terms applicable to your loan. If you have any other questions or would like more information, please ask. Make certain the questions are answered. Make sure you understand the terms and cost of your loan.
If you repaid biweekly through payroll allotments, you would make 21 payments of $43.81 and one payment of $43.70
With an actual installment loan, your repayment might look different that the example above. For instance, you may be able to borrow more money, or have a longer or shorter repayment period.
APR
120%
Finance Charges
$363.71
Amount Financed
$600.00
Total Payments
$963.71
Potential Fees
Application Fee - $0
Payroll Deduction Fee (Allotment Processing) $3.00 per payment
Return Payment Fee - $25.00
Late Fee- If you are 10 days late in making a payment, you will be charged 5% of the unpaid amount (not to exceed $18).
Terms Explained
Amount Financed
This is the loan amount. In our example, Joe Borrower is approved for a $600 loan. The $600 is the amount financed
Loan Term
Your loan term is the amount of time over which you are scheduled to repay your loan. You may also repay early with no penalty. In the example, Joe’s loan is for 22 payroll deductions (allotments) over a period of roughly 11 months.
Finance Charge
The finance charge is the dollar amount your loan will cost you, in addition to the amount financed. In the example, Joe’s amount financed will be $363.71 in interest as his finance charge.
Total of Payments
This is the sum of the amount financed and the finance charge. It is the total amount you must repay. In this example, Joe’s amount financed, and finance charge equals a total of payments of $963.71
APR
APR (annual percentage rate) is a measure of the cost of credit, expressed as a yearly rate.
Consumer Information
South Carolina Loan Terms and Conditions – Details
General
These Terms and Conditions govern each credit application you submit to Coast 2 Coast Lenders LLC., and each loan that you may obtain from Coast 2 Coast Lenders. Coast 2 Coast Lenders offers installment loans that are designed to help you with your immediate cash needs. Coast 2 Coast Lenders encourages you to borrow only what you need and what you are able to responsibly repay.
Privacy Policy and Changes to Privacy Policy
Coast 2 Coast Lenders will handle your non-public personal information as described in our Privacy Policy, which can be viewed at privacy policy. We reserve the right to change our privacy policy in accordance with applicable law. If we change our policy, we can notify you by providing you with the revised policy within the time frame required by applicable law.
Governing Law
The transactions related to your credit application and any loan that you may obtain from Coast 2 Coast Lenders shall be governed by the laws of the State of South Carolina, regardless of where you may be viewing or accessing the Coast 2 Coast Lenders website.