Applying for an online payday loan can be stressful. After all, you never know for sure whether you’ll get approved or not. The good news is that you can increase your chances of receiving the money you need.

You are more likely to get qualified if you have prepared all the right documents beforehand. Below are some essential tips to help you prepare for a payday loan with Tennessee Title Loans, Inc.

How Can You Qualify For A Tennessee Payday Loan?

To qualify for an online payday loan, you have to:

• Be At Least 18 Years Old

Minors are not allowed to apply for loans. You would be asked to provide your driver’s license or state-issued ID to prove your identity and that you’re over 18.

• Have An Income Source

The amount you qualify for depends on how much you earn and your ability to repay. You will most likely be accepted if you prove your stable income.

• Have An Active Bank Account

Usually, you wouldn’t be required to have a bank account, for example, if you’re going for a title loan. If you want to take out a payday loan, you must bring in your most recent bank statement and a blank check from an active account in your name.

Do You Need To Have Perfect Credit?

While your credit score is one of many factors determining your ability to get approved for a payday loan, Tennessee Title Loans, Inc. welcomes borrowers from all credit types to start the process today. If you prepare all the proper documents, you might get qualified even if your score is below average.

Do You Have To Be Employed?

You don’t necessarily have to have a corporate job to get approved, but you must have a source of income. The employed individuals typically present their most recent pay stubs to show their income. If you’re self-employed or currently unemployed, you might be unable to provide such a document.

That’s why Tennessee Title Loans, Inc. will consider alternative sources of income if you have the documentation to prove you could repay the loan. You might bring in your tax forms, bank statements, a letter verifying your unemployment benefits, etc. In any case, speaking with our trusted representative on what documents we will consider is always recommended.

How Long Would It Take to Get Approved?

One of the best things about payday loans is that you might get approved almost instantly. If you decide to do business with Tennessee Title Loans, Inc., you might find out whether you have been approved in only 30 minutes. If approved, you might receive the cash the same day.

Benefits Of Payday Loans Offered by Tennessee Title Loans, Inc.

Taking out a loan offered by Tennessee Title Loans, Inc. would have plenty of advantages:

• We offer online payday loans.

Even though a part of the online payday loan process will take place in-store to give the lender representatives a chance to review your documents, you can begin the process from your house or office at any time. You can also choose to make the loan payments through an online portal, making the whole process even more convenient and quick.

• There are plenty of store locations for you to choose from

Tennessee Title Loans, Inc. has 25 locations across The Volunteer State. The nearest store might be just a short drive away from your house.

• The store representatives are committed to providing you with the best customer service possible

From the moment you step into the store, you will be treated with the respect you deserve. Our friendly staff members would happily answer any questions you may have. They will also do everything they can to help you receive the money you urgently need in the shortest timeframe.

Get Qualified For An Online Payday Loan Today!

Getting an online payday loan can be a lot easier than you think. If you’re over 18, have a bank account, and can provide proof of income, you can get approved for up to $400 with Tennessee Title Loans, Inc. You might qualify even if your credit score is less-than-perfect.

Another fantastic thing about online payday loans is that you can begin the process online. If you get approved, you can also make the necessary payments online. To get started, fill out a short inquiry form, and you might qualify for a payday loan as soon as 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.