- Payday loans in Tega Cay follow South Carolina law (S.C. Code Title 34, Chapter 39 (Deferred Presentment Services Act)).
- Borrowing $300 at the state maximum costs $45 (15% fee).
- The nearest larger city is Fort Mill, about 5 miles away.
Tega Cay at a glance
| Tega Cay | |
|---|---|
| Population (2024 Census estimate) | 14,294 |
| Change since 2020 | +11% (growing fast) |
| County | York County |
| Size rank among 223 South Carolina places we cover | 33rd |
| Nearest larger city | Fort Mill (about 5 miles) |
| Credit unions headquartered in town (NCUA) | None |
| Credit unions headquartered in York County | 1 |
| Other towns within 25 miles | 10 (about 132,946 residents) |
| Typical payday APR statewide (CRL 2023) | 391% |
There is no separate Tega Cay payday law: South Carolina rules apply here, and any lender serving Tega Cay residents, online or in person, needs a license from the South Carolina State Board of Financial Institutions, Consumer Finance Division.
Credit unions near Tega Cay
No credit union has its main office in Tega Cay, but these are based elsewhere in York County (NCUA, June 2026):
- Family Trust Federal Credit Union in Rock Hill (federal charter — may offer payday alternative loans (PALs))
Only federal credit unions can offer payday alternative loans (PALs), capped at 28% APR; state-chartered credit unions often have their own small-loan products. Membership rules apply, and only main offices are listed here; find branches near you with the NCUA Credit Union Locator. See how PALs work.
Payday loan rules that apply in Tega Cay
In short, South Carolina rules that cover Tega Cay include: maximum loan: $550; maximum fee: 15% of the amount advanced; loan term: up to 31 days. See the full South Carolina payday loan rules.
What a $300 loan costs in Tega Cay
The Center for Responsible Lending put the typical APR on a $400 payday loan in South Carolina at 391% (June 2023). For $300 at the state maximum, expect $45 (15% fee). Check any offer with our payday loan calculator.
Other help in York County before you borrow
Before a payday loan, Tega Cay residents can usually find something cheaper:
- Local assistance through 211 covering York County.
- A credit union payday alternative loan (max 28% APR). See PALs explained.
- Your bank’s small-dollar loan, if offered (compare banks).
- A cash advance app for $20–$500 (apps compared).
Towns near Tega Cay
The nearest larger city is Fort Mill, about 5 miles away. See all 223 South Carolina cities.
Need cash before payday?Send one free request to our lender network. We are not a lender; offers and rates come from lenders.
Request a loanFrequently asked questions
Are payday loans legal in Tega Cay?
Yes. Payday loans are legal in Tega Cay under South Carolina state law, and lenders must be licensed by the South Carolina State Board of Financial Institutions, Consumer Finance Division.
How much does a payday loan cost in Tega Cay?
At South Carolina’s maximum fee, borrowing $300 costs $45 (15% fee). The typical statewide APR was 391% in 2023.
Where is the nearest credit union to Tega Cay?
No credit union is headquartered in Tega Cay, but Family Trust Federal Credit Union is based in Rock Hill, also in York County.
Sources
- U.S. Census Bureau — City and town population totals, Vintage 2024
- U.S. Census Bureau — 2024 Gazetteer files (place locations)
- NCUA — Credit union call report data, June 2026 (FOICU)
- South Carolina Legislature — Deferred presentment (2009 Bill 87)
- Center for Responsible Lending — Red Alert Rates: APRs on $400 single-payment payday loans (June 2023)
- CDFI Fund — NCUA payday alternative loans summary