Auto Money is a consumer title lending company headquartered at 450 Meeting St, Charleston, South Carolina, with 80+ physical store locations across South Carolina and Georgia. The company is not affiliated with any bank or credit union and holds no CDFI, HUD, or NFCC certifications. It is not BBB accredited, and multiple individual store locations carry a "Not Rated" BBB status due to insufficient information or unresolved complaints. Auto Money operates solely as a private title lender, structured to serve customers outside the traditional banking system.
The company's core product is the car title loan in South Carolina, where a customer's lien-free vehicle title serves as collateral for a short-term loan of up to $20,000. In Georgia, the product is structured as a title pawn under state pawn laws. Auto Money also accepts lien-free motorcycle titles and offers to refinance or pay off existing title loans from competing lenders, sometimes at a lower interest rate. Under South Carolina law, monthly interest rates legally range from 1% to 25% — meaning the effective APR can reach up to 300%. Loan terms are typically 30 days. Specific fee schedules and tiered pricing are not publicly disclosed on the company's website.
What distinguishes Auto Money from bank-based lenders is its accessibility: there is eligibility claim to verify, no bank account required, and approved borrowers can receive cash in under an hour. Customers retain possession of and continue driving their vehicle throughout the loan term. The company's Rock Hill, SC location holds a 5.0/5 Google rating from 171 reviews, suggesting strong in-person customer service at individual branches. Their willingness to pay off competitor title loans positions them as a refinancing option within the title lending market itself.
The most significant limitation of Auto Money is cost: at up to 25% monthly interest, borrowers who carry a balance for a full year face extraordinary total repayment amounts. In Georgia, there is no interest refund if a title pawn is paid off early. The company is in-person only — applications cannot be approved or funded online — restricting access to customers near one of their 80+ SC or GA locations. The lack of BBB accreditation and at least one documented failure to respond to a BBB complaint are legitimate transparency items to verify. Auto Money is genuinely useful for vehicle-owning borrowers in financial emergencies with no credit access, but the high cost of capital demands careful consideration before borrowing.
