Unexpected events can occur at any time and any place without any way to properly prepare financially.  We may need to get a little help from outside sources, and that is where getting easy money from payday loans in Memphis, TN can help!

If you can’t wait another two weeks to get that burdensome expense taken care of, applying for a payday loan can help you get the money you need to take care of the issue. The payday loan process is quick and only requires a few documents when working with Tennessee Title Loans, Inc.

What Is A Payday Loan?

Payday loans are unsecured emergency cash loans that allow borrowers with income to borrow from a future paycheck to pay for unexpected expenses, such as overdue bills, medical expenses, or home repairs. Unlike a secured loan like a title loan, you do not need collateral to get approved for payday loans in Memphis.

Memphis payday loans have a simple repayment process, as the borrowing amounts are small enough to make repayment simple. Most will repay their cash advance in full with their next paycheck and move on with their lives, barely feeling the impact of not being able to afford their financial emergency.

Why Get A Payday Loan?

Payday loans are easy money that allows you to resolve unexpected financial burdens. The amazing thing about payday loans is that you can get one with bad credit or even nonexistent credit. This takes off a lot of anxiety about wondering if your credit score is good enough to get approved.

With Tennessee Title Loans, Inc., you can get between $100 - $400 the same day you get approved. There are no waiting days or even weeks to finish the process; you get the cash you need in less than a business day.

The only limits on getting a payday loan are that you must be 18 years or older, be employed, and have a checking account in your name.

What Situations Can I Use A Payday Loan For?

A payday loan can be used for any emergency situation. However, you should not get a payday loan in Memphis for nonessential luxury purchases like a new car, laptop, or video game. You must repay this loan with interest, so you should only borrow money in emergency situations.

Here is a list of possible financial emergencies you can pay for with a payday loan:

• Home or auto repairs
• Overdue bills (rent, mortgage, or utility bills)
• Unexpected travel costs
• Veterinarian costs

What Are The Payday Loan Requirements In Memphis?

The best part about getting payday loans in Memphis with Tennessee Title Loans, Inc. is how easy the requirements are. We have minimal requirements that make approval for payday loans easy. You can verify these requirements with just a few items that are easily found.

The following are the required items for Memphis payday loans:

• Your most recent pay stub
• A blank check from an active checking account in your name
• Your driver's license or state-issued ID card

Where Can You Get Payday Loans In Memphis?

Payday loans are available in Memphis online and in person. You can search for keywords like 'Memphis payday loans near me' or 'payday loans in Memphis' to find loan lenders in your area. Make sure you do thorough research about their loan terms and customer service record before choosing a lender, as knowing you can trust them is important when borrowing money. 

Tennessee Title Loans, Inc. has three Memphis store locations on 4227-29 Elvis Presley Blvd, 3906 Park Avenue, and 4065 Jackson Avenue. You can visit whichever is closest to you to receive face-to-face help from a loan representative. You could also get online payday loans by filling out our online form; one of our loan reps will come to you to verify your requirements and get you approved for emergency cash.

How To Apply For A Payday Loan In Memphis, TN

If you were to type in “easy money payday loans Memphis, TN,” you would find our many locations available to you. You can visit any of them to receive direct help from a loan agent or start the process online to get approved without an in-store visit. Either way, we keep the process fast and simple to allow you to get approved the same day you apply for Memphis payday loans.

The following are the steps involved in applying for a payday loan in Memphis, TN:

1. Fill out the quick and straightforward online form. Once you submit it, you will wait for a loan representative to call you. This won’t take long, so make sure you stay ready with your phone in hand.
2. A payday loan representative from the nearest Tennessee title loans location will walk you through the rest of the steps. They’ll explain to you the approval process steps and the requirements for payday loans. You will end the phone call by agreeing on a meeting place, such as your home, workplace, or a Memphis store location.
3. Head to the meeting place with your required items. A payday representative will examine your documents and determine if you qualify for approval. If the representative approves you, you will sign the online payday loan agreement. You can also ask any questions you may have.
4. If you’re approved, you’ll get your cash the same day or the next business day.

FAQs

Can you get payday loans in Memphis, TN, with bad credit?

At Tennessee Title Loans, Inc., we do not do credit checks for payday loans. It is a low-value, short-term loan, so we trust our borrowers to repay the loan. You can get payday loans with bad credit or no credit. We also do not report our loans to the major credit bureaus.

How does payday loan repayment work?

As mentioned before, most borrowers repay their payday loan with their next paycheck to be able to get back to their lives quickly. However, those who cannot do so can split their repayment over a few paychecks. Just remember, payday loans have interest rates, so taking longer to repay your loan amount will increase how much you have to pay.

Can you get payday loans in Memphis, TN, as a freelancer?

You do not need to have a salaried job to get approved for a payday loan in Memphis. Freelancers and gig workers can use earnings statements to prove their income and get approved for their emergency cash loan.

Apply For Payday Loans In Memphis, TN - Borrow Up To $400 Today!

Payday loans can help you get easy money when you face a financial emergency. You can get approved for a payday loan in Memphis online or in person with Tennessee Title Loans, Inc. Our simple approval process lets you get verified the same day you apply and receive your emergency cash by the next business day.

If you want quick access to emergency funds, fill out our online form for payday loans in Memphis. Our loan associate will guide you through the quick approval process for easy cash!

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.