woman counting payday advance cash

How You Know It's Time To Get A Payday Advance Loan

People may have heard about a payday advance loan but may have yet to give it much thought. It may be time to consider this option if you have an unexpected expense and need help paying for it.

Payday advance loans have been around for a long time and are offered by many legitimate companies nationwide. They differ from other types of loans, like personal and title loans, in several ways.

A payday advance loan is a hassle-free option to help you face unexpected expenses between paychecks. There's less paperwork, and you can get your money quickly, depending on the private lender you do business with. Tennessee Title Loans, Inc. offers a payday advance to help you get fast cash to address a financial emergency.

If you're facing an unexpected expense between paychecks, keep reading to discover how to get a payday advance loan with us.

5 Signs You Need A Payday Advance Loan

1. You Have An Unexpected Expense

Life is full of surprises, and somethings those unexpected things aren't pleasant. A car repair or an emergency medical bill can ruin the family budget. These expenses have increased drastically over the past couple of years, and a payday advance loan may be an option for you to cover a more significant expense until payday.

2. You Have A Significant Life Change

Even everyday expenses like buying food until your next paycheck, paying the co-payment for a doctor's visit, or prescription medication can stress you out if you haven't been working long, have gone through a divorce, or have other significant life changes. A payday advance loan can help bridge the gap between now and payday on these expenses.

3. You Need More Savings

Around 10 percent of Americans state they have no savings in their accounts. Another 30 percent say they have less than $500 in savings. That means you have no natural way to pay for an emergency. A payday advance loan can help address an urgent need — especially if you don't have an emergency fund to cover your unexpected expenses.

man questioning payday advance

4. Borrowing Options Are Limited

Many people suffered during the pandemic, and you may have less-than-perfect credit that banks won't accept for a personal loan. Family may be far away or unable to help, and you can't ask friends for the money you need for your emergency. A payday advance loan is an option where you can get approval and won't have to go to friends and family for help.

5. You Are Stressed

It's no fun being stressed over an emergency expense. Some things must be done on payday, and you must take care of the situation now for the health and well-being of you and your family.

This is precisely what a payday loan is designed to cover. You can get some relief knowing your problem is solved, and you can pay for it with your next paycheck. This frees you up to concentrate on your job and your family.

Getting A Payday Advance In Tennessee

You can get a payday advance loan in Tennessee through Tennessee Title Loans, Inc. We have payday advance loans that start at $100 with a maximum of $400. That can be enough to handle your situation until the next payday. You will need three things to apply for a cash advance:

  • Proof of payment—a pay stub or copy of your most recent paycheck
  • Proof of identity—a driver's license or state ID
  • Proof of checking—a blank check showing an active checking account in your name. You will also need a bank statement that covers the past 30 days.

You will need to go into a Tennessee Title Loans, Inc. store to apply, but you can begin the process by filling out the form on the website. Submitting the inquiry form will result in someone calling you from the store to review what you need and direct you to a nearby location.

Payday loans have a couple of advantages. One of them is that even those with bad credit can apply. Your job serves as credit, so there needs to be a credit check done to qualify you. You also don't need any collateral, as the lender knows the loan will be paid with your next check.

woman with cash from payday loan

Fill Out Our Online Form Today!

Filling out the online form is the best way to get information. It isn't an application, so you aren't obligated in any way to a loan. If you ask, you will only know your options for paying for an emergency.

Sending an online inquiry will put you in touch with a Tennessee Title Loan, Inc. representative who will answer all your questions about getting a payday advance loan. Fill out our online form today!


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

Daniel Dewitt

Daniel Dewitt is a lifetime blogger with a finely-honed ability to break down, analyze, and interpret economic trends for the layman. He's fiercely invested in spreading financial literacy and helping everyday people gain the tools they need for their own economic success.