Best Personal Loans in Columbia, SC

SC State Federal Credit Union is the best personal loan lender in Columbia, South Carolina, with a MoneyGeek score of 97 out of 100, offering flexible repayment terms, competitive interest rates and a quick application and approval process.

For online personal loans, Laurel Road stands out with a MoneyGeek score of 93 out of 100, providing strong customer service, a quick application and approval process, and credibility and transparency about its loan terms and process.

We prioritized local lenders and scored them based on factors like interest rates, loan terms, loan application process and speed of loan funding to gather our best city recommendations. If you're looking for national lenders, we compiled our top picks in the best personal loans in South Carolina.

The median annual household income in Columbia, South Carolina, in 2022 was $56,175, according to the United States Census Bureau. Regardless of whether your actual income is above or below the median value, your ability to afford monthly loan payments is what matters. Use our personal loan calculator to estimate your monthly loan payments and the total cost of the loan by entering the loan amount, rate and terms. personal loan calculator.

For example, if you take out a $10,000 personal loan with a 10% interest rate and three years in repayment terms, your monthly payment would be $323 per month and $3,876 per year, which is 7% of the median annual household income in Columbia, South Carolina.

In Columbia, South Carolina, borrowers seeking the best personal loans who value face-to-face service from a national lender can select from multiple providers within the city. Borrowers have the choice of working with Truist, Wells Fargo, PNC, TD Bank\ and OneMain Financial, which all have local branches dedicated to assisting with personal loan needs.

We addressed common questions regarding top personal loans in Columbia, South Carolina, offering insights to assist in making informed decisions.