South Dakota Title Loan Laws: Rate Cap, Terms and Repossession

By Lenditup Editorial Team · Law last verified October 3, 2026 · How we verify

Yes. Title loans are legal in South Dakota, and lenders must follow SDCL 54-4-36(17)-(19), 54-4-44, 54-4-52, 54-4-70, 54-4-71, 54-4-72.

Title loan rules in South Dakota at a glance

Title loan rules in South Dakota
Title-loan law	SDCL 54-4-36(17)-(19), 54-4-44, 54-4-52, 54-4-70, 54-4-71, 54-4-72
Rate cap	36% APR (all-in cap)
Loan term	Up to 30 days
Rollovers and renewals	Monthly renewals: up to 4 without conditions; renewals 5 to 8 each require at least 10% of the original principal; then due in full (SDCL 54-4-71)
Repossession	Allowed after default
Owe the balance after the car is sold?	No, the lender cannot collect a remaining balance
Lender license	Required
Statute	SDCL 54-4-36(17)-(19), 54-4-44, 54-4-52, 54-4-70, 54-4-71, 54-4-72

Source: SDCL 54-4-36(17)-(19), 54-4-44, 54-4-52, 54-4-70, 54-4-71, 54-4-72 (read the law). We last checked it against the statute on October 3, 2026. See title loan laws in every state.

What a title loan costs in South Dakota

Under South Dakota's rate rules, borrowing $1,000 for 30 days costs $29.59 in interest or fees, so you repay $1,029.59 (36% APR). Your offer may differ.

Example title loan costs in South Dakota
Loan	Term	Interest and fees	Total repaid	APR
$1,000	30 days	$29.59	$1,029.59	36%
$2,500	30 days	$73.97	$2,573.97	36%
$5,000	30 days	$147.95	$5,147.95	36%

Check whether the lender adds any fees: the written disclosure must show the full cost and the APR with every fee included.

What happens if you can't repay

If you fall behind, the lender can repossess your car. Read the default and notice terms in your contract before you sign. If the car is sold, the lender cannot come after you for any balance the sale did not cover.

If you think you will miss a payment, call the lender before the due date and ask what options it offers.

Looking for a loan in South Dakota?

A title loan puts your car at risk, so compare it with a personal installment loan first. If a title loan is still the right fit, you can send one request and see what lenders and lending marketplaces in our network offer.

Start a title loan request

Lenditup is not a lender. Sending a request does not mean you will be approved; each lender sets its own rates and terms within South Dakota law.

Title loan questions for South Dakota

01What is the most a title lender can charge in South Dakota?

36% APR (all-in cap). Your contract must show the APR before you sign.

02How long is a title loan in South Dakota?

Up to 30 days, under South Dakota law.

03Can I roll over a title loan in South Dakota?

Monthly renewals: up to 4 without conditions; renewals 5 to 8 each require at least 10% of the original principal; then due in full (SDCL 54-4-71). Each renewal adds cost, so ask for the total you will repay.

04What happens if I can't repay a title loan in South Dakota?

05Is Lenditup a title lender in South Dakota?

No. Lenditup is not a lender. We connect you with lenders and lending marketplaces in our network, and the lender you choose sets your rate and terms within South Dakota law.

Title loan laws in other states

Compare every state side by side on the state title loan law table, or read how title loans work and what lenders ask for.

Are title loans legal in South Dakota?