Personal loans in Lamar, SC

Roughly 843 residents live in Lamar, the 158th-largest community in South Carolina. Lamar is a small community of about 843 residents, and a personal loan taken out here is governed by South Carolina statute.

By the Personalloaner Editorial Team · Last updated 2026-09-16

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Verify the lender's South Carolina licence against the regulator named below before borrowing in Lamar. Lenders active in Lamar report to a South Carolina supervisor, identified in the sourced rows below. From the 2020 Census base to the 2023 estimate, the population declined by about 1.5%. The next larger city is Timmonsville, SC about 8 miles away.

Where Lamar stands

Most of what governs a Lamar loan is written in South Carolina law rather than in the city; the sourced notes below make that split concrete.

The state rulebook for Lamar

The rows below set out what a licensed lender must follow in South Carolina, and so for Lamar's roughly 843 residents.

RuleDetailSource
State lending regulatorSouth Carolina State Board of Financial Institutions - Consumer Finance Division (Office of the Commissioner of Consumer Finance)
Source says: "South Carolina State Board of Financial Institutions Office of the Commissioner of Consumer Finance" (site heading).
South Carolina State Board of Financial Institutions - Consumer Finance Division
as of 2026-09-16
Maximum legal interest rate (usury cap)8.75% per annum statutory legal rate where no rate is agreed (judgment rate: Wall Street Journal prime + 4 points).
Source says: "the legal interest shall be at the rate of eight and three-fourths percent per annum" (S.C. Code 34-31-20(A)).
South Carolina Legislature (S.C. Code of Laws)
as of 2026-09-16
Payday lending statusLegal for licensed deferred presentment providers; max $550 advanced at one time; fee limited to 15% of principal; term up to 31 days; 2025 repeal bill S.379 introduced but not enacted.
Source says: "The total amount advanced by a licensee to any customer at one time for deferred presentment or deposit may not exceed five hundred fifty dollars" (34-39-180(B)); fees capped at "fifteen percent of the principal amount of the transaction" (34-39-180(E)).
South Carolina Legislature (S.C. Code of Laws)
as of 2026-09-16

Land, water and location for Lamar

Lamar's land area is roughly 1.2 square miles, and the Gazetteer records no significant water area within it. That land carries about 695 people per square mile. Charleston, the largest place in South Carolina, is about 93 miles from Lamar. A 50-mile radius around Lamar takes in 25 places that are larger. Within the same 50 miles lie 29 smaller Census places.

A pre-application checklist for Lamar

Before you hand your details to a lender in Lamar, where the population is near 843:

  1. Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
  2. Model the payment on the calculator before a lender models it for you.
  3. Shop at least three lenders and judge them on APR and total cost.
  4. Make sure the lender appears in the South Carolina regulator's licence list.
  5. Write down the purpose of the loan and your repayment plan before you apply.
  6. When debt already feels heavy, a nonprofit credit counsellor is worth a call first.
  7. Look for an origination fee or prepayment penalty in the written disclosure.

None of these steps is Lamar-specific: the same South Carolina licensing and disclosure rules reach all 843 residents.

What is available to Lamar borrowers

With about 695 residents per square mile, Lamar is moderately settled, and 25 larger Census places sit within 50 miles. Distance to a branch rarely matters for Lamar's 843 residents: the application is online and the price follows your credit file. The nearest larger city, Timmonsville, SC about 8 miles away.

Lamar against the rest of South Carolina

Within South Carolina, Lamar holds roughly 0.0% of all residents, the 158th-largest share among 271 places. On the 2020-to-2023 trend, Lamar stands 198th among South Carolina's 271 places — roughly the 27th percentile. By density, at about 695 people per square mile, it ranks 119th in South Carolina. In land area, Lamar ranks 201st among South Carolina's 271 places.

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Common questions

What are my options in Lamar if my credit is poor?
Borrowing is still possible, but expect a higher APR and a smaller approved amount. Lenders that accept lower scores hold statewide licences, so what is open to you in Lamar is the same as anywhere in South Carolina.
What loan size can I expect in Lamar?
Most personal loans sit somewhere between $1,000 and $50,000, though the figure you are approved for turns on the lender, your income and your credit. Model the monthly payment first with our personal loan calculator.
Do I have to pledge anything to borrow in Lamar?
For an unsecured personal loan, no — there is nothing to pledge. A secured loan, such as home equity or one secured by a vehicle, does require collateral, and default puts that asset at risk.
Does comparing loans in Lamar cost me credit score points?
Not during pre-qualification, which normally uses a soft pull and leaves your score alone. Submitting a full application triggers a hard inquiry, which can trim a few points briefly.

Nearby places

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