DISCLOSURE: All our loans have a minimum term of 12 months with no prepayment penalties. There are no late charges for delayed payments. We are licensed by the State of South Carolina Board of Financial Institutions. Our interest rates are fixed at 300%, and a payment calculator is available on this page for your convenience. We emphasize that we are not a payday lender. This message serves as a solicitation for a loan. The offer is not guaranteed and is contingent upon a vehicle evaluation, income verification, duration of residence, and the approximate wholesale value of your vehicle. Our monthly interest rate is 25%, equivalent to an annual rate of 300%. For a $601.00 loan, you will make 12 payments of approximately $165.36, resulting in a total note amount of $1984.32. Over the 12-month term, you will repay roughly three times the borrowed amount at a 300% annual rate. South Carolina residents will incur a $15 lien fee. Please note that this is a high-interest loan, and if you have the opportunity to secure funds at a lower interest rate, we encourage you to explore those alternatives, as you are putting your automobile at risk.
Thank you for considering 18wheelertitleloansnorthcarolina.com. We operate as a Supervised Lender under South Carolina law. Loans provided by 18wheelertitleloansnorthcarolina.com fall under supervised loans authorized by the South Carolina Consumer Protection Code, § 37-3-501 et seq., and differ from short-term, vehicle-secured loans as defined by South Carolina Consumer Protection Code, § 37-3-413.
The comprehensive schedule of fees and charges for our secured installment loan product is outlined below. If we do not have a current lien on the pledged motor vehicle collateral, a title lien filing fee of $15 (as mandated by South Carolina law) will be imposed. The title lien filing fee, included in the amount financed/loan principal, will be paid directly to the Department of Motor Vehicles from the loan proceeds.
18 Wheeler Title Loans is designed from the ground up to offer our customers an alternative to traditional title loan products. Applying online or by phone saves our customers precious hours in their day. Besides the convenience, we also offer competitive rates. Not only will you have access to the funds you need, but you will pay less!