man with car keys for title loan in Memphis, TN

What It Takes To Qualify For Title Loans In Memphis, TN

Knowing the requirements for title loans in Memphis, TN, allows many people to apply. But if a little extra money can help you through a hard financial time, a lack of knowledge shouldn't stand in your way.

Tennessee Title Loans, Inc. is at your service to explain what it takes to qualify for a title loan and how to apply, so if you ever need fast cash, you'll know exactly how to get it. By following the simple guidelines below, you'll easily qualify for a title loan when you need one.

How Do You Qualify For A Memphis Title Loan?

Unlike traditional loans requiring tons of individual documents, you only need a few things to qualify for title loans in Memphis, TN. Here's the short list of what we'll need and some relevant information about each item.

  • Identification- We can accept your driver’s license or any government I.D. if it has your photo on it.
  • Vehicle title - The title to your vehicle is the most crucial document you'll need since it's the one thing we use to secure title loans in Memphis, TN. Ensure that your title is lien-free, which means that it is paid off completely and has no legal claims against it.
  • Vehicle - At a later point in the application process, you'll need to meet your loan agent in person, so they can inspect the vehicle so you will need access to it. This may seem obvious, but we have had questions in the past about cars that are impounded or in a different state.
  • Proof of income - Contrary to what you might think, we take many different types of proof of income besides a pay stub. Bring a bank statement, proof of government benefits, or any other evidence of regular income.

You must collect these things and start your application to qualify for a title loan. Nothing could be simpler, and you'll have an answer to your financial worries the same day or the next business day.

woman with car keys wondering about title loans

Is There Anything Else I Need To Get Approved?

You'll need to satisfy a couple more requirements to complete your application. As long as you can meet these two conditions, you are welcome to apply for title loans in Memphis, TN, worth $300 to $2500.

First, you need to be 18 or older. This isn't our rule. State and local governments regulate it. You must be 18 or older to sign legally binding contracts, including a title loan.

U.S. residents must be 18 or older to hold the title to their vehicle legally, so if you have the title and registration in your name, you already know you qualify by this standard.

The only other thing you'll need to provide for title loans in Memphis, TN, is a little time. At Tennessee Title Loans, Inc., our process can take as little as 30 minutes. You'll need time to complete your application, and then we require you to meet your agent in person for the final phase of your title loan application.

Going through a traditional lender can take weeks, but if that's time you don't have, a title loan can give you the extra cash you need in as little as 30 minutes, not weeks.

What Options Do I Have To Apply?

Tennessee Title Loans, Inc. makes qualifying and applying for title loans easy in Memphis, TN. We provide two convenient ways to submit your application so you can choose what's best for you based on your lifestyle and schedule.

Online (Off-Site)

The first way to apply is primarily online. You'll start by filling out our online inquiry form on our website to get your information in our system. Then, someone from Tennessee Title Loans, Inc. nearest to you will give you a call to discuss the rest of the required information and arrange a location to meet.

Before the loan is complete, you must meet the loan agent in person to have your vehicle inspected and informally appraised. This determines how much you qualify for. With the online title loan option, you can meet for the vehicle inspection at your home or office without ever stepping foot into a store. Without a store visit, you can get approved for a title loan on the spot.

woman with title loan cash


Our in-store application is just as popular. You can still fill out our online form and speak with a representative from the location before coming into the store, bringing your documents with you for the inspection at the office.

We also process loans for walk-in customers without any need to submit your information online. Just be sure to have everything we require when you come by so we can process your loan immediately.

Qualify And Apply For Emergency Cash Today!

Providing loans when you need them most is our business. Most applicants who are approved receive their money the same day or by the next business day. To ensure your loan is processed as quickly as possible, ensure that you are eligible based on the tips above. If you have the required items, fill out our online inquiry form to get a Tennessee Title 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.

Louis Tully

Louis Tully is a full-time finance writer offering financial expertise to everyday consumers. He understands the core values of finance and used his writing talents to share his own experiences with money to his readers. His articles teach how financial failures can easily become successes by making new habits and creating realistic goals.