The pandemic and rising costs have left many Tennesseans struggling with job loss and financial uncertainty. If you’re unemployed, broke, and searching for emergency cash loans in Tennessee, there are options that can help you cover urgent expenses until you get back on your feet. Tennessee Title Loans, Inc. is here to help with our suggestions and the help from our payday loans, title loan or line of credit loans.

Alternative Income Sources That May Help You Qualify

Unemployment Benefits

If you have lost your job then chances are that you are getting a weekly unemployment paycheck. While this will just be a small portion of your salary, it can count as income when you apply for a loan.

Social Security

If you are retired or unemployed due to a disability or medical issue then you might be getting regular social security income. This can help you get approved for a loan as well.

Pension Or Retirement Income

Most lenders will also consider pension or retirement income including 401(k) and IRA distributions before approving a loan.

Alimony Or Child Support

Not many people know this but if you are getting alimony or child support from your spouse then this will count as regular to get a loan.

Spouse’s Income

If you do not have a job but your spouse is working then their income can also help you get approved for a loan. The caveat is that they must be co-signer to this loan as well.

Recurring Interest

If you have invested in a bond or an annuity that pays regular interests then this can also count as regular income and help you get approved for a loan.

 

Emergency Loan Options Available

Get A Payday Loan

If you really need an urgent short-term loan and do not have any valuable item that can be held as collateral then a viable option will be to get a payday loan. Payday loans are essentially considered a bridge between pay periods and you are expected to pay back when you get your paycheck, which is generally in two weeks.

If you are unemployed then other types of income that we have listed above can help you get approved for a payday loan.

Get a Line of Credit or Flex Loan

If you need a longer-term cash loan then you can always use the option of getting a line of credit loan, also known as a flex loan in Tennessee. These loans are unsecured, meaning there is no collateral held against them. They are perfect for people who have a poor credit history and need a longer time to pay back.

With flex loans, you will know how much you need to pay every month or fortnight in advance.

Get A Title Loan

If you need emergency cash and have a car then you can always get a title loan. Title loans use your vehicle’s title as collateral for the cash. Title loans can be used for emergencies such as sudden medical bills, auto, and home repairs, or unexpected travel.

Benefits of Title Loans in Tennessee:

• Fast approval and same-day cash
• No credit history required
• Keep driving your car while repaying

How To Apply For A Title Loan In Tennessee

1. Fill out our online title loan form.
2. A representative will call to confirm and direct you to the nearest Tennessee Title Loans location.
3. Bring your car, lien-free title, and ID.
4. Get your vehicle inspected and loan amount confirmed.
5. Sign the paperwork and drive away with cash in hand!

With locations across Tennessee, you’ll always find a title loan near you for quick access to emergency funds.

Being unemployed doesn’t mean you’re out of options. Whether you need a payday loan, title loan, or installment loan, Tennessee Title Loans, Inc. makes it easy to get emergency cash loans in Tennessee, even with bad credit.

Start your application today and get same-day cash at a Tennessee Title Loans location near you.

FAQs About Emergency Cash Loans in Tennessee

Can I get a payday loan if I’m unemployed?

Yes. Income sources like unemployment checks, social security, or alimony may qualify you for a payday loan in Tennessee.

Do I need good credit for a title loan?

No. With title loans in Tennessee, your vehicle secures the loan, so bad credit isn’t a problem.

How much can I borrow with a title loan?

You can typically borrow $300 - $2,500, depending on your vehicle’s value.

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