People are looking for alternative financing to finance unexpected situations, like an instant cash loan. As approximately half of Americans have less than $500 in their savings and 10 percent have no savings, more are showing interest in non-bank financings like title cash loans, payday loans, and lines of credit from private vendors. 

These alternative financing loans are considered instant cash loans since you can get approved and money in hand quickly. At Tennessee Title Loans, Inc., we offer title cash loans to get you fast emergency cash in times of urgent need.

If you’re facing unexpected expenses, keep reading to discover how much you can get with an instant cash loan.

What Amount Can I Borrow With An Instant Cash Loan?

Tennessee Title Loans, Inc. is a private lender that offers several types of instant cash loans. We offer title cash loans, lines of credit, and payday loans.

Title Cash Loans

Title cash loans will offer more money than other alternative financing forms. That's because the amount you're eligible for depends primarily on the value of your vehicle. The other primary factor in determining how much you can borrow depends on what you can repay.

We offer anywhere from $200 and can go up to a maximum of $2,500 for a title cash loan. A title cash loan uses your lien-free title as collateral. Still, it requires that you show your income along with its other requirements, which are proof of identity, a clean title to your vehicle, and making your car available for an inspection.

Payday Loans

A payday loan is an instant cash loan for those who don't need much money and have been working at the same job for a while. We offer between $100 with a maximum of $400 for these types of loans.

The loan will generally be repaid on payday. Like the title cash loan, a state license and proof of income are required. This can be a recent copy of a paycheck or stub. We also require a recent bank statement as proof of income and a blank check from an active bank account in your name.

Lines Of Credit

A credit line loan, also called a flex loan, is a straightforward option for those who need emergency money for unexpected expenses or sudden financial emergencies. We offer up to $4,000 for these types of loans.

A flex loan from Tennessee Title Loans, Inc. requires all the same documents as a title cash loan, such as a license, a clean title, income validity, and a vehicle. It is a different version of a title cash loan. Your lien-free title is used as collateral, but you are sometimes given all the money at once.

With a line-of-credit loan, you take out what you need and repay that over time. You can take out as much or as little as you need, up to the maximum loan amount, as long as you make monthly payments. Those who pay off what they borrow are free to reborrow again.

What Is The Next Step?

Those who think an instant cash loan using one of these types of alternative financing could work for them will know that the process is quick and easy. Here’s how it works:

1. Fill out our online inquiry form.
2. Our friendly loan associate will call you about your options.
3. You then schedule an appointment to meet with a loan associate to pursue an application. You must go to a store to apply for a cash advance, but the title cash loans and credit line options also allow you to meet an associate elsewhere at the location of your choice.
4. Our loan representative will review your required items and give you an application. They will also quickly inspect your vehicle for those seeking a title cash loan or flex loan option.
5. Then, they will determine the amount you can borrow for those loans. Your payday loan amount will depend on the amount of your earnings.
6. The meeting with a decision can be finished as soon as a half-hour. You can access money within the following day of business in all three loans.

Get An Instant Cash Loan Today!

Talking to our helpful loan associate at Tennessee Title Loans, Inc. can clarify which option of an instant cash loan may be the right one for you. You can do that by sending in the online form so someone from the store can call you.

Remember, these types of short-term loans are meant to pay for unexpected expenses. Therefore, if you need fast emergency money, fill out our online inquiry form to apply for an instant cash loan 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.