Personal loans in Summerton, SC
A lender serving Summerton holds a South Carolina licence and answers to a South Carolina regulator; no city office is involved for its 789 residents. Roughly 789 residents live in Summerton, the 162nd-largest community in South Carolina.
A larger market lies at Manning, SC about 10 miles away. From the 2020 Census base to the 2023 estimate, the population declined by about 3.1%. A lender that serves Summerton operates under South Carolina lending statutes and a South Carolina supervisor. For a community of about 789, the practical step is to compare APR across at least three lenders before committing.
Borrowing in Summerton: the local picture
Here is the sourced Census picture for Summerton, plus the South Carolina lending rules that apply to a loan taken out here.
- Population: the Census counts 789 residents in Summerton (Vintage 2023 subcounty estimate), the 162nd-largest figure among South Carolina's 271 places.
- Population trend: Roughly 3.1% fewer residents than the 2020 Census counted.
- Net change: roughly 25 fewer people than the 2020 Census counted.
- Size percentile: roughly 40% of South Carolina places rank below Summerton.
- Density: the Census land area of 1.4 sq mi holds about 583 people per square mile.
- Land area: Summerton covers 1.4 square miles, the 190th-largest area among South Carolina's 271 places.
- State population share: Summerton accounts for about 0.0% of everyone in South Carolina.
- National rank: Summerton is the 11,249th most populous of the 19,457 Census places covered here.
- Growth rank: Summerton's 2020-to-2023 change ranks 238th of 271 places in South Carolina.
- Versus South Carolina: the state average change is +2.6%, while Summerton moved 3.1%.
- Density in South Carolina: Summerton ranks 138th by people per square mile.
- Against the state median: Summerton runs about 583 residents per square mile, where the South Carolina median is 584.
- Location: latitude 33.6015, longitude -80.3526 (Census Gazetteer).
- Nearest larger cities: Manning (10 mi); Santee (11 mi); Holly Hill (19 mi); Sumter (24 mi); St. Matthews (25 mi). For most borrowers the comparison happens online, not at a branch.
- Smaller places nearby: Paxville (10 mi); Pinewood (11 mi); Vance (12 mi).
- Smaller neighbours: 33 places smaller than Summerton sit within 50 miles.
- At 100 miles: 127 larger Census places fall inside that radius.
The anatomy of a Summerton personal loan
Most loans made to Summerton's 789 residents are unsecured, so nothing is pledged and the lender relies on your credit history. The rate you see advertised is a range, not a promise, until a lender reviews your file in Summerton. A longer term lowers the monthly payment on a Summerton loan but raises total interest, so the smallest payment is not the cheapest loan.
Getting a loan in Summerton
With about 583 residents per square mile, Summerton is moderately settled, and 31 larger Census places sit within 50 miles. Whether Summerton has a local branch or not, a South Carolina-licensed lender can serve its 789 people online on the same terms. For a larger market, the closest option is Manning, SC about 10 miles away.
The South Carolina lending rules that reach Summerton
Every row below records a South Carolina rule, its publisher and its retrieval date — the same rules a Summerton lender must follow.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | South 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 status | Legal 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 |
Where Summerton sits
Summerton's land area is roughly 1.4 square miles, and the Gazetteer records no significant water area within it. With 789 residents, the land area yields roughly 583 people per square mile. Charleston, the largest place in South Carolina, is about 58 miles from Summerton. A 50-mile radius around Summerton takes in 31 places that are larger. By land area it ranks 190th of 271 South Carolina places.
How Summerton compares across South Carolina
Within South Carolina, Summerton holds roughly 0.0% of all residents, the 162nd-largest share among 271 places. Its 2020-to-2023 change ranks 238th of 271 South Carolina places, putting it near the 12th percentile for growth. At about 583 people per square mile, Summerton is the 138th most densely settled place in South Carolina. The population moved by about 25 people between 2020 and 2023, a 3.1% shift.
Common questions
What are my options in Summerton if my credit is poor?
What loan size can I expect in Summerton?
Do I have to pledge anything to borrow in Summerton?
Does comparing loans in Summerton cost me credit score points?
Nearby places
- Paxville, SC — population 229
- Manning, SC — population 3,802
- Pinewood, SC — population 499
- Vance, SC — population 124
- Santee, SC — population 812
- Eutawville, SC — population 235
- Elloree, SC — population 550
- Holly Hill, SC — population 1,252