Acquiring a payday loan or cash loan can help you get out of a tough time but is it an understanding? The short response would be no but when you consider many of the various situations someone could possibly be in the lines get gray. Most loan places in Columbia SC cater to men and women with bad credit or no credit. They are individuals who can’t get a mortgage from traditional loan providers such as banks and credit unions. And also although someone who has bad credit is a higher risk to get lending sometimes the particular loan places such as payday loan stores possess higher interest on the loans.