Personal loans in Florence, SC
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Florence, SC.
The median household in Florence earns $56,143 a year, 19% below the South Carolina median of $69,324. About 19% of residents live below the federal poverty line, and 41.6% of households rent their home. 10.0% of households have no home internet; our form works on any phone.
South Carolina law that applies in Florence
| Rate cap | Supervised lenders: on cash advances over $600, any rate filed and posted with the Department of Consumer Affairs (no statutory maximum); on $600 or less, no more than the Consumer Finance Act charges. |
|---|---|
| License required | Yes. |
| Loan sizes covered | Consumer Finance Act: loans of $7,500 or less. |
Full rules with statute citations: Personal Loans in South Carolina. Cities in South Carolina cannot set their own payday or title loan rate caps in most cases; zoning rules for storefronts are local.
What you need for a personal loan in Florence
Most Florence applicants can finish in one sitting if they have these ready:
- Be 18 or older and a US resident
- Your Social Security number for identity verification
- A steady source of income
- An active checking account in your name
- A working phone number and email address
Popular loan amounts in Florence
What Florence borrowers use it for
gifts and travel without maxing a card
Emergencieshandle the unexpected the same week
Car repairskeep getting to work while the shop fixes it
Moving costsdeposits, trucks and first-week expenses
Loans for your situation
How to get a personal loan in Florence
- Choose an amount from $100 to $5,000 and complete one form.
- Lenders in our network review your request; many accept fair or bad credit.
- Compare the APR, monthly payment and total cost on any offer.
- If you accept, money is usually deposited in 1–2 business days.
Estimate your cost
Personal / installment loan calculator
Estimate only. Your rate depends on your credit, income and state; your lender shows the exact terms before you sign.
Banks and credit unions in the area
Banks with branches in Florence
29 FDIC-insured bank branches from 14 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| SouthState Bank, National Association | 4 | 2021 Hoffmeyer Rd, Florence 29501 |
| Wells Fargo Bank, National Association | 3 | 408 S Irby St, Florence 29501 |
| First-Citizens Bank & Trust Company | 3 | 276 S Irby St, Florence 29501 |
| Carolina Bank & Trust Co. | 3 | 3037 W Palmetto St, Florence 29501 |
| Anderson Brothers Bank | 3 | 501 2nd Loop Rd, Florence 29505 |
| First Reliance Bank | 2 | 2170 W Palmetto St, Florence 29501 |
| Truist Bank | 2 | 1831 W Evans St, Florence 29501 |
| The Citizens Bank | 2 | 702 Pamplico Hwy, Florence 29505 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Florence
14 credit-union locations from 11 credit unions.
| Credit union | Location |
|---|---|
| Pee Dee | 305 W Pine St, Florence 29501 |
| South Carolina | 2321 Trade Ct, Florence 29501 |
| Safe | 1319 2Nd Loop Rd, Florence 29505 |
| S. C. State | 1504 N Cashua Dr, Florence 29501 |
| Sharonview | 1921 W Palmetto St, Florence 29501 |
| Spc | 1312 Celebration Blvd, Florence 29501 |
| Nucor Employee'S | 1202 N Cashua Dr, Florence 29501 |
| Palmetto First | 1722 Gregg Ave, Florence 29501 |
| Dixies | 2257 S Irby St, Florence 29505 |
| S C I | 812 2Nd Loop Rd, Florence 29505 |
Source: NCUA credit union branch data, June 30, 2026.
Nearby cities
County: Florence County · Payday Loans in Florence · Title Loans in Florence
Frequently asked questions
Can I get a personal loan with bad credit in Florence?
Possibly. Lenders in our network consider applicants with fair and bad credit across South Carolina, including Florence. Expect higher APRs than prime borrowers get, and compare every offer's total cost.
Is there a maximum interest rate on personal loans in Florence, SC?
No cap over $600 (filed and posted rates); Consumer Finance Act schedule up to $7,500.
How fast can I get a personal loan in Florence?
Many online lenders give a decision within minutes and deposit funds in one to two business days after you sign. Your bank's processing time can add a day.
How do I apply for a personal loan with bad credit in Florence?
Start by gathering your ID, proof of income and bank account details. Then complete our online form with accurate information about your income and the amount you need. Lenders in our network review your request, and many respond within minutes. Asking for an amount that fits your income can improve your chances. If you're approved, you'll review the full terms before signing.
How can I get an emergency loan in Florence?
Unexpected bills happen, and an online emergency loan can help you handle them quickly. Fill out our 3-minute form with your income and bank details, and lenders in our network will review your request. Many make decisions within minutes, and approved funds are often deposited by the next business day. Amounts range from $100 to $5,000, and you're never obligated to accept an offer.
How long does it take to get a personal loan in Florence?
With online lenders, the process is usually fast. Our form takes about 3 minutes, many lenders make a decision within minutes, and approved funds are often deposited by the next business day. Some lenders may ask for documents such as pay stubs, which can add a little time. Having your information ready before you start helps you get money sooner in Florence.
What credit score do I need for a personal loan?
There's no single minimum. Some lenders want good credit, but many lenders in our network consider fair, poor and limited credit and weigh your income and job history too. A higher score may get you better rates and larger amounts, while lower scores may still qualify for smaller loans. Find out what's available to you in Florence with our free 3-minute form.
What is an installment loan?
An installment loan is money you borrow and repay in fixed, scheduled payments, usually every two weeks or monthly, until it's paid off. Personal loans, auto loans and many short-term loans are installment loans. Because repayment is spread out, each payment is smaller than a lump sum. Lenders in our network offer installment loans from $100 to $5,000 to Florence borrowers who qualify.
Do I need to visit a store in Florence?
No. You can request offers online from a phone or computer. Some lenders, especially title lenders, may ask you to visit a location or send photos of your vehicle.