Below are answers to the questions we hear most. Don't see yours? Contact us.
What is the Platinum VIP Title Loan?
A South Carolina vehicle title loan with an APR capped below 36% (35.99% maximum APR), fixed monthly payments, and the ability to keep driving your vehicle.
How fast is the process?
We work to make the process hassle free, so you can get back to your day.
Is the process confidential?
Yes. Always quick, confidential and easy! Your information is used only to process and service your loan; see our privacy policy.
Do I need good credit?
Not necessarily. Lenders review credit along with vehicle value, income and ability to repay. Approval is not guaranteed.
Can I keep driving my car?
Yes. You keep your vehicle while the loan is open.
How much can I borrow?
It depends on your vehicle's value and your income.
What is the maximum APR?
35.99%. Your exact APR is disclosed in writing before you sign.
Can I pay off early?
Yes. Paying early reduces the interest you pay. There is no prepayment penalty.
What if my title isn't in my name?
The title must be in your name. Contact us and we'll explain how to correct it with the SC DMV.
What happens if I miss a payment?
Contact us right away. Late fees may apply per your agreement and, after default, the vehicle may be repossessed as allowed by South Carolina law.
Do you lend on motorcycles, trucks and RVs?
Yes — see our vehicle pages for details.
Where are you located?
1st Capital Finance of South Carolina Inc, 3420 Hwy 21 Ste B, Fort Mill, SC 29715. Loans are made online to South Carolina residents only.
Still have questions?
Our staff can walk you through a full sample of your loan disclosures before you apply. See also rates & terms and requirements. We would rather spend a few extra minutes explaining a loan than have you sign something you do not fully understand. That is part of what the Platinum VIP name means to us: plain answers, fair pricing and a loan you can actually finish.
More answers
You have to have some sort of income period. We are more concerned about the fact that you have a way to pay the loan then the question if you are employed. You can be self- employed, or even receive income from some source other than an employer but we will require that you show there is some income to cover the payments.
If it is a spouse then whomever the title name is will have to sign the loan documents but if it is someone you do not know or a friend, then that will not work.
You will get a release of the lien upon paying off the loan and you can then attach this to your title or send it in to the Secretary of State to have a fresh title without the lender on there.
This is a great question so let’s discuss it openly. The fact is you are using your vehicle to get a loan. You are telling the lender that should you not pay the loan, that they can get the vehicle from you for sale so they can pay off the loan and give you the remaining proceeds if any. The fact is most lenders dislike doing this and it us used as a very last resort because not only is it very expensive to do this but also they know that you will never want to be a customer again. They also know that they will lose money when they auction it off and the end result is no-one wins! Most Lenders will do whatever they can to make sure that you can pay this loan and you will return as a happy customer. They want your word-of-mouth business and to do this they have to lend responsibly and you have to borrow the same.
Well that’s a maybe. Most lenders we work with can incorporate the last couple payments into a car title loan but this is only done on newer cars.
No. One loan, one car, one person. If you are married and the title is in both of your names, each person can get a car title loan seperately in most cases and the ability for both of you to repay the loan.
This is a secure loan based on the equity value of your vehicle and your ability to repay the loan. You still get to drive the car but you also get the cash.
You will need to apply at the Secretary of State for a duplicate title. There are exceptions to this rule so let us know that this situation exists.
We are like you on this issue. We care a great deal about your privacy. You should know that we will never sell or distribute any information you give us to anyone other than the direct lender. We will not do business with a lender that sells or shares your information with anyone other than themselves. Additionally, your information is safe because we do not distribute your private information to multiple lenders, only one at a time based upon you’re okay that the first lender was not the car title loan company you wanted. We will then take the title loan information and send it to another lender but only upon that condition.
If you have poor credit, you are not alone. Many Americans struggle with low credit scores and may not be good candidates for unsecured loans, but title loans are a different story. If you need fast funds, you might be wondering – How much can I get for a title loan? The answer isn’t as...
Ready to get started?
Need some extra cash? Platinum VIP Title Loans from 1st Capital Finance can help you explore your options. Apply online. Maximum APR 35.99%; repayment terms 6–24 months.
Start My ApplicationAPR disclosure: The Platinum VIP Title Loan carries a maximum Annual Percentage Rate (APR) of 35.99%, which includes the $15 South Carolina lien fee. Your actual APR, finance charge, payment amount and term are disclosed in your written loan agreement before you sign. A title loan is secured by your vehicle; if you do not repay as agreed, your vehicle may be repossessed. Borrow only what you can afford to repay. Loans are made by 1st Capital Finance of South Carolina Inc, the lender, 3420 Hwy 21 Ste B, Fort Mill, SC 29715. 1st Capital Finance of South Carolina Inc is licensed by the South Carolina State Board of Financial Institutions, Consumer Finance Division, as a Supervised Lender (License No. SL-1966027) under S.C. Code § 37-3-503. Loans are available only to South Carolina residents and are originated online. Submitting information on this website does not guarantee loan approval.