Payday loans Knoxville, TN are a form of loan that provides access to emergency cash for those in need of financial help. Tennessee payday loans can help bridge the gap from one paycheck to the next, providing you with funds sooner than your next payday.

If you have never received or heard of a payday loan before, you could possibly benefit from the following four need-to-know facts about getting payday loans in Knoxville, TN.

4 Important Facts About Payday loans Knoxville, TN 

Before you apply for Payday loans Knoxville, TN, you should know the following facts about how they work.

1. Payday Loans Are There For You In An Emergency 

If you need cash sooner than your next paycheck, getting a payday loan can help provide some financial relief. They are designed to help get you emergency funds when you most need them.

Everyone has been there, where bills or unexpected finances don’t match up with your payday and you need a little help to tide you over for that brief period. Sometimes these unexpected expenses will leave you no time to qualify for a loan through your bank or come up with the funds through other means.

Payday loans are short-term loans specifically designed for this purpose. If you find yourself needing to pay for home or auto repair, medical bills, important travel, or rent or utility bills that are soon due, a payday loan can help. 

2. You Need A Source Of Income To Apply

To get Payday loans Knoxville, TN, you will need to provide proof of income. This is because a payday loan acts like an advancement of your paycheck. By providing Tennessee Title Loans, Inc. with your most recent paystub, we can determine if you qualify.

You can qualify for up to $400 through Tennessee Title Loans, Inc. You should keep in mind that the state of Tennessee does have state laws that prohibit payday loans greater than $500.

3. Payday Loans Don’t Affect Nor Rely On Your Credit Score

Unlike traditional loans, such as bank loans, payday loans won’t be affected by your current credit score. Tennessee Title Loans, Inc. welcomes all types of credit, including bad credit. Possible credit checks won’t slow down the process or affect how much you get.

As stated above, these aspects of your loan will be decided according to the documents you provide, which are your government-issued ID, your most recent paystub, and a blank check from an active checking account in your name.

Another bright side is that getting Payday loans Knoxville, TN does not negatively impact your credit score. Tennessee Title Loans, Inc. does not report to credit agencies, allowing you to take on the loan without harm to your credit. 

4. Getting Cash Is Quick And Simple With Payday Loans

What makes Payday loans Knoxville, TN an option for those in need of quick cash is just how quick the entire process is. As long as you have the list of required documents, getting approved for a payday loan can take as little as 30 minutes through an in-person process. Once approved, you can have the funds deposited into your account by the next business day.

How To Qualify For Payday Loans Knoxville, TN?

To get a better idea of just how quick and simple it is, below is a step-by-step of the entire payday loan process at Tennessee Title Loans, Inc.

• Fill out an online payday loan inquiry form to get connected with the closest branch of Tennessee Title Loans, Inc. All our stores offer payday loans.

• A representative will call you shortly after you submit the form to go over the required documents which include a driver’s license or State-issued ID., most recent paystub, and a blank check from an active banking account in your name.

• Bring the required documents to the store location to continue the process in person. 

• After the representative checks your documents, you will learn whether you qualify. If you are approved, you can get the funds on the same day or the next business day.

Need A Payday Loan In Knoxville, TN Today?

If you need a payday loan in Knoxville, TN, you can rest assured that Tennessee Title Loans, Inc. will be there for you when you need emergency cash!

At Tennessee Title Loans, Inc., we don’t just offer title loans as our name may suggest. We also offer anywhere from $100 to $400 in payday loans for those seeking quick cash.

With three different Knoxville, TN locations, you can find the most convenient location to meet your needs and get started with a quick in-person application. All you need is to be 18 years of age or older and provide the above-mentioned documents.

Inquire About A Payday Loan Today

Now that you know these important facts about Payday loans Knoxville, TN, get started on getting the funds you need today.

Simply fill out the online inquiry form with Tennessee Title Loans, Inc. to have a representative call you within minutes. Feel free to ask any question you may have and feel confident in knowing that you can get the money you need in no time through Tennessee payday loans 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.