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Part of the TitleMax Title Loans chain · locations
TitleMax Title Loans in Spartanburg, SC
Spartanburg, SC TitleMax Title Loans at 1777 Asheville Hwy — fast title loans open 10AM-7PM Mon & Fri.
Data compiled from public sources · Rating from CreditDoc methodology
TitleMax Title Loans Review
TitleMax Title Loans is located at 1777 Asheville Hwy in Spartanburg, SC, in a standalone storefront convenient to residents throughout central Spartanburg. The store operates extended hours to fit your schedule: open 10AM-7PM Monday and Friday, 10AM-6PM Tuesday through Thursday, and 10AM-4PM Saturday. Sundays are closed, so plan your visit accordingly.
At this Spartanburg location, you can access quick title loans against your vehicle, with the phone team available during business hours at +1 864-573-6701. The staff can explain your options, answer questions about documentation, and guide you through the application process without the delays you'd encounter at traditional banks.
If you need cash quickly in Spartanburg and have a clear vehicle title, bring your ID, proof of address, and vehicle documentation. Same-day funding is typical for approved applications. TitleMax makes the process straightforward, with no surprises—just honest lending.
Services & Features
Bilingual loan services (English/Spanish)
Car title pledge loans
Credit check with vehicle collateral consideration
In-store loan application and approval
In-store unsecured personal line of credit
Incremental or lump-sum draws against line of credit
Online application portal for personal lines of credit
Online unsecured personal line of credit (select states)
Same-day cash disbursement
Secured flex line of credit (vehicle-collateralized revolving credit)
Vehicle value assessment for loan sizing
Feature Checklist
Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection
Pros & Cons
Pros
- Same-day cash approval and disbursement for title pledge and flex LOC products
- Most credit types accepted — vehicle title can offset poor credit history
- Keep driving your vehicle throughout the loan term
- Bilingual staff available at this Memphis location
- 5.00/5 average rating from 481+ Google reviews with consistent staff praise
- Three distinct product types covering secured and unsecured borrowing needs
- Extended hours Monday and Friday until 7pm; open Saturdays until 4pm
Cons
- Title pledge and flex LOC products put your vehicle at risk of repossession if you default
- Requires a clear, lien-free vehicle title — borrowers still making car payments do not qualify for title products
- Online unsecured line of credit restricted to only 11 states; not available to all customers
- Closed Sundays, limiting access for weekend emergencies
- Title loans are high-cost credit products; 'competitive rates' means competitive with other title lenders, not mainstream lenders
Rating Breakdown
Value 2.0
Effectiveness 1.5
Customer Service 2.2
Transparency 2.0
Ease of Use 3.9
Compare the Best Personal Loan Options
See which lenders actually approve borrowers with bad credit. We compared APRs, fees, minimum scores, and funding speed.
Frequently Asked Questions
Is TitleMax Title Loans legitimate?
Yes. TitleMax Title Loans is a registered company, headquartered in 1777 Asheville Hwy, Spartanburg, SC 29303.
Quick Facts
- Headquarters
- 1777 Asheville Hwy, Spartanburg, SC 29303
- BBB Accredited
- No
- Starting Price
- Contact provider
- Setup Fee
- None
- Money-Back Guarantee
- No
CreditDoc Diagnosis
Doctor's Verdict on TitleMax Title Loans
TitleMax is best suited for Memphis residents who own their vehicle free and clear, need cash the same day, and cannot qualify for lower-cost alternatives due to poor credit. The central caveat is that vehicle-secured title loans carry high interest rates and risk repossession upon default — they should be treated as a last resort, not a routine borrowing tool.
Best For
- Memphis-area residents who need same-day emergency cash and own their vehicle outright
- Borrowers with poor or damaged credit who have been declined by banks and credit unions
- Customers needing a revolving emergency credit line rather than a one-time lump-sum loan
- Spanish-speaking borrowers who need bilingual loan assistance
Updated 2026-04-29
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Financial Wellness Guides
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Read guide →Financial Terms Explained (10 terms)
New to credit and lending? Here are the key terms used on this page, explained in plain language with real-number examples.
Interest & Rates
APR — Annual Percentage Rate
The total yearly cost of borrowing money, including the interest rate plus any fees the lender charges. Think of it as the 'true price tag' on a loan.
Why it matters
Lenders must show APR by law (Truth in Lending Act) because the interest rate alone can hide fees. Comparing APR across lenders is the most reliable way to find the cheapest loan.
Example
You borrow $10,000 at 6% interest for 3 years, but there's a $300 origination fee. The interest rate is 6%, but the APR is 6.9% because it includes that fee. You'd pay $304/month and $946 total in interest.
Compound Interest
Interest calculated on both the original amount borrowed AND the interest that's already been added. It's 'interest on interest' — and it makes debt grow faster than you'd expect.
Why it matters
Credit cards and many loans use compound interest. If you only make minimum payments, compound interest is why a $3,000 balance can take 15 years to pay off.
Example
You owe $1,000 at 20% annual interest compounded monthly. After month 1 you owe $1,016.67. Month 2, interest is charged on $1,016.67 (not $1,000), so you owe $1,033.61. After 1 year without payments: $1,219.
MAPR — Military Annual Percentage Rate
A special APR calculation used for military servicemembers that includes ALL costs — fees, insurance, and add-ons — capped at 36% by federal law.
Why it matters
The Military Lending Act protects active-duty servicemembers and their families from predatory lending. Any lender charging above 36% MAPR to military is breaking federal law.
Example
A payday lender charges a $15 fee per $100 borrowed for 2 weeks. For civilians, that's technically legal in some states. For military: that works out to 391% MAPR — illegal under the MLA.
Usury Rate — Usury Rate (Interest Rate Cap)
The maximum interest rate a lender can legally charge in a particular state. Charging above this rate is called 'usury' and is illegal.
Why it matters
Usury laws are your main legal protection against predatory interest rates. But beware: some states have weak or no usury caps, and federal banks can sometimes override state limits.
Example
New York caps interest at 16% for most consumer loans (25% is criminal usury). If a lender tries to charge you 30% in NY, that loan is unenforceable — you could fight it in court.
How Loans Work
Collateral — Loan Collateral
An asset you pledge to the lender as security for a loan. If you stop paying, the lender can seize and sell that asset to recover their money.
Why it matters
Secured loans (with collateral) have lower interest rates because the lender has less risk. But you could lose your home, car, or savings if you default.
Example
A mortgage uses your house as collateral. A car loan uses your vehicle. A title loan uses your car title. If you miss payments, the lender can foreclose or repossess.
Fees & Costs
Late Fee — Late Payment Fee
A charge added to your account when you miss a payment deadline. Most credit cards charge $29-$41 per late payment, and many loans have similar penalties.
Why it matters
The fee itself hurts, but the real damage is to your credit score. A payment 30+ days late stays on your credit report for 7 years and can drop your score 60-110 points.
Example
Your credit card payment of $150 is due March 1. You pay on March 18. The bank charges a $39 late fee. If it's 30+ days late, it gets reported to credit bureaus and your 760 score drops to 670.
NSF Fee — Non-Sufficient Funds Fee
A fee your bank charges when a payment bounces because there isn't enough money in your account. Also called a 'bounced check fee' or 'returned payment fee.'
Why it matters
NSF fees hit you twice — your bank charges you AND the company you were trying to pay may charge their own returned payment fee. That's $50-70 for one missed payment.
Example
Your auto-pay tries to pull $350 for rent, but you only have $280 in checking. Your bank charges $35 NSF fee. Your landlord charges $25 returned payment fee. Total damage: $60 in fees.
Legal Terms
Usury — Usury (Illegal Interest)
The practice of charging interest rates higher than what the law allows. Usury laws set state-specific caps on how much lenders can charge.
Why it matters
If a lender charges usurious rates, the loan may be void, penalties can be reduced, or you may be entitled to damages. Know your state's limits.
Example
Your state caps consumer loans at 24% APR. An online lender charges you 36%. That loan may be unenforceable, and you might only need to repay the principal — no interest or fees.
Credit Cards
Cash Advance — Credit Card Cash Advance
Using your credit card to get cash from an ATM or bank. It's one of the most expensive ways to borrow — higher interest rate, immediate interest accrual (no grace period), and an upfront fee.
Why it matters
Cash advances are a debt trap: 25-30% APR with no grace period plus a 3-5% fee. Interest starts the second you withdraw, not at the end of the billing cycle.
Example
You take a $500 cash advance. Fee: $25 (5%). Interest: 28% APR starting immediately. After 30 days, you owe $536.67. After 6 months of minimum payments, you've paid $85 in interest on $500.
Want to learn more? Read our Financial Wellness Guides for in-depth explanations and practical advice.
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