The South Carolina Line of Credit is no longer offered to new customers. If you have a current South Carolina Line of Credit, please click here to log in to view your agreement.
Still need funds? You may qualify for a Line of Credit through CreditFresh* with a credit limit of up to $5,000 by clicking “Continue” below.
Please note that by clicking “Continue”, you are navigating away from the MoneyKey website to the website of an affiliated third party.
*The Line of Credit through CreditFresh may be originated by one of several Bank Lending Partners. MoneyKey does not assume responsibility or liability for any actions taken by you in relation to any products and/or services offered through CreditFresh.
Getting access to cash whenever you need it is easy with a MoneyKey South Carolina Line of Credit. Unlike a traditional payday or installment loan, this revolving loan stays open and available even after you have paid it down to a zero balance. It’s like having money on standby in the case of an emergency.
We make applying for an online Line of Credit in South Carolina fast and secure. Our friendly and knowledgeable Customer Care agents are available 7 days a week to assist you throughout the application and repayment process. They are more than happy to answer any credit-related questions you may have.
Unlike a traditional installment loan, once you are approved for a MoneyKey South Carolina Line of Credit, you may access funds up to your credit limit without re-applying.
The credit limit refers to the amount of cash that you can access. For this Line of Credit, credit limit amounts will range between $625 and $1,000. After we review your application, we’ll let you know if you’re approved and how much you qualify for.
For your South Carolina Line of Credit, you will be charged interest on the Outstanding Principal Balance at a daily rate of 1.09315%. The corresponding annual percentage rate (APR) is 399%. This interest is only charged on the amount you use (the Outstanding Principal Balance), not your total credit limit.
You can withdraw the total credit available to you all at once, or in smaller amounts over time as you need it, with a required minimum draw of $610. When you request a draw, we will typically deposit the funds in your account the next business day*.
Before your due date, you will be issued a Periodic Statement outlining how much you owe. You are required to make your Minimum Payment by your due date, and you can also pay more than your Minimum Payment to pay down your Outstanding Principal Balance.
Your Minimum Payment for each Billing Cycle will consist of 2 components:
The exact amount of your Minimum Payment and the corresponding due date will be outlined in your Periodic Statement.
This is the amount of money you’ve used or borrowed on your Line of Credit, i.e. the amount of principal outstanding at a point in time, not including any interest you may owe.
The period of time between Periodic Statements. Your Periodic Statement is generated a day after the billing cycle ends.
A Periodic Statement contains a listing of all transactions, interest and fees (as applicable) within a Billing Cycle. Your first statement will typically be generated on your first pay date after you make your first draw. Subsequent statements will typically be generated on each due date. You can access and download your Periodic Statements from your online MoneyKey account.
Your Minimum Payment includes a mandatory contribution towards your Outstanding Principal Balance – this is your Principal Contribution. It is calculated for each Billing Cycle based on your pay frequency.
If you receive your income weekly, bi-weekly or semi-monthly, your Principal Contribution as shown on your Periodic Statement will be 2% of your Outstanding Principal Balance as of the end of each Billing Cycle.
If you receive your income monthly, your Principal Contribution as shown on your Periodic Statement will be 4% of your Outstanding Principal Balance as of the end of each Billing Cycle.
MoneyKey – SC, Inc. is a Supervised Lender licensed by the Department of Consumer Affairs and governed by all applicable laws.
To qualify for a MoneyKey Line of Credit in South Carolina, you must:
Please note that we currently do not offer credit products with rates that allow us to lend to covered members of the US Armed Forces and their dependents.
This is not a payday loan. In fact, we don’t offer payday loans in South Carolina. A payday loan is a short-term loan that you pay back in full on your next payday. This is a South Carolina Line of Credit, which is different because it doesn’t require you to make a lump-sum payment on your next payday. Instead, this is an open-end loan where you are charged interest only on the amount you use. Since a line of credit is an open-end loan, making your minimum payments will keep your account in good standing. MoneyKey recommends that you pay more than your Minimum Payments to pay off your Line of Credit sooner.
If you’re approved, you’ll typically get your money the next business day* after we receive a draw request from you.
You can always log in to access your online account to see your up-to-date account information.
Yes you can. In fact, MoneyKey encourages you to make additional payments above your Minimum Payment in order to pay down your Outstanding Principal Balance, increase your available credit and decrease any applicable fees and interest. If you’d like to make additional payments, please contact us 1-866-255-1668 at least 24 hours before your due date.
Unfortunately, you have to live in South Carolina to get a South Carolina Line of Credit. Whether you live in the French Quarter of Charleston, the suburbs of Mount Pleasant, or on the coast in Myrtle Beach, applying for a Line of Credit in South Carolina is easy and secure.
Have more questions? Please refer to our general FAQ page or contact our Customer Care team at 1-866-255-1668.