Payday loans are a popular choice among those who’re looking for quick cash to cover unexpected expenses.

And there’s a reason for it. Payday loans are accessible, fast, and the application process is simple and straightforward. All of this makes them an appealing option for those who need cash and need it urgently.

But this easy accessibility often temps people to go into debt, even when they might not need to. So before you start googling “what do you need to get a payday loan?” do make sure that you should be applying for payday loans online, to begin with.

When Should You Apply For A Payday Loan?

Going into debt should never be your first choice. Even if you’re pressed for cash, you should consider if there are other options – budget rearrangement, asking for a payroll advance, getting a side-hustle, and so on.

But sometimes there are situations when the problem needs to be dealt with urgently – and that’s when you should start googling what do you need to get a payday loan. So what are those situations?

Anything that is time-sensitive or could escalate in cost, if postponed. Think overdue bills (like rent and utilities), unexpected medical/dental expenses, vet bills, car breakdowns, urgent locksmith or plumber assistance – all of these are good examples.

Now that we’ve determined when you should be applying for the payday loan, let’s move onto the question of what do you need to get a payday loan.

What Do You Need To Get A Payday Loan In Tennessee?

If you are asking ‘what do you need to get a payday loan?’ the answer is not much. Qualifying requirements are quite flexible when it comes to payday loans. You need to be of legal age and you need to have a way to pay the loan off. Plus you need to bring in your ID, your most recent pay stub, and a checking account statement that is open and in your name.

Anyone who satisfies those requirements can apply – even if their credit score is bad or outright nonexistent! Here is a little more information on the required items you need to bring in:

1. A Government-Issued ID

You must be at least 18 years old to be eligible for a title loan in Tennessee – and able to prove it. So you’ll need to provide the lender with a valid government-issued ID.

2. Proof Of Income

The source of your income doesn’t matter. We here at Tennessee Title Loans, Inc. will try to accept and accommodate any type of income. As long as you can provide proof that you’ve got income, you’re good to go.

However, you don’t even need to have an income to be approved – even if that makes things much easier. As long as you can prove you can pay the loan off in time, you can possibly qualify for approval even if you’re unemployed.

Standardly, you’ll be asked to provide your most recent pay stub as proof of income. But if you cannot provide the pay stub due to being unemployed, other proofs of your ability to pay can work too. This can be anything from your unemployment benefits to your bank statements proving you’ve got some cash saved up.

Ask the loan representative that will contact you about your options if you don’t have an active income source or aren’t employed! We are here to try to help you! Depending on your circumstances the loan representative will do their best to adjust the loan terms and set you up with a comfortable payoff schedule.

3. An Active Checking Account Statement In Your Name

Like a valid ID, this is another non-negotiable. You need an active checking account to receive the payday loan – and you need that checking account to be in your name with the statement to prove it.

Unfortunately, you won’t be able to use your relative’s or friend’s checking account, even if you provide valid proof that they’ve agreed for their checking account to be used in this way.

Apply For A Payday Loan In Tennessee Today

Now that we’ve answered the “what do you need to get a payday loan?” question, you can get the required items in the order and apply without further delay. And you can easily start the process without having to leave your couch.

Just get on the phone or a computer, go to the Tennessee Title Loans, Inc. website and fill out the online form. When the form gets processed in a few minutes, you’ll be contacted by a loan representative who’ll provide further instructions and set up an appointment for you.

Take the required items – your state-issued ID, your most recent pay stub, a blank check from an active checking account in your name – to the appointment at a payday loans location near you. The loan representative will assess everything to give you an answer. They’ll determine if you qualify for the loan and how much cash you should get based on your documents – which could be up to $400.

If you’re approved, you’ll get the cash the very same day. This entire procedure takes on average no more than 30 minutes. So when you are ready to apply for a payday loan, remember to find out exactly what do you need to get a payday loan in Tennessee.

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