If you’ve never had to work with private lenders before, getting your first payday loan may seem like an intimidating idea. But in reality, there’s no need for it to be. Getting your first payday loan is usually much easier than the experience you had getting your first personal bank loan (or would be, if you’ve never gotten a loan before).

Tennessee payday loans are known to be one of the most accessible loans out there, characterized by a simple streamlined process, few and flexible qualifying requirements, and quick access to cash.

In fact, if everything goes smoothly, the in-person approval process usually takes less than an hour – around 30 to 45 minutes on average. Here’s what you can do to help your process go smoothly.

4 Steps To Improve Your Chances Of Getting A Payday Loan

1. Do A Little Research Before You Get Started

While choosing the lender you wish to get your first payday loan from, make sure you understand exactly what it is they’re offering and what they demand from you.

Since private lenders are allowed to decide the qualifying requirements as they see fit (in the frame of the law, of course), the list of required items can be different between different lenders.

If you wish to cut down on the time you spend on the loan process, make sure the lender you’ve decided to work with doesn’t require more than a few documents. Another thing to pay attention to is if the lender offers an option to start the process online.

2. Get The Required Items Together Before You Get Started

The process for your first payday loan will go much quicker if you can go through the entirety of it as soon as you submit your request. The easiest way to follow is if you have all the required items together before you get started.

At Tennessee Title Loans, Inc., for example, you’ll need:

1. A state-issued ID or driver’s license to prove you’re over 18.
2. Proof of income (typically – but not necessarily – your most recent pay stub).
3. 30-day statement and a blank check from an active checking account in your name.

3. Ask The Loan Representative To Clarify What You Don’t Understand

Since this is your first payday loan, it’s only natural that certain aspects may confuse you about the procedure.

That’s what the loan representatives are for. Their duties include not only processing your loan but making sure you understand everything about it during the ongoing process.

This is why when you get started and get in contact with the loan representative in charge of your application, you should ask them to clarify anything you are unsure about.

For example, we mentioned that your proof of income doesn’t necessarily need to be your pay stub. This is to keep the online payday loan TN accessible for potential borrowers who don’t have salaried income at the moment.

If you’re in a similar case, you should talk the details over with the loan representative, so they can give you possible alternative options and help you with correct documentation accordingly.

4. Follow The Loan Representative’s Instructions

The loan representative will do their best to provide full instructions for the loan process. If they’ve clarified everything and you have a full understanding of what’s going on, then going through with it shouldn’t take a lot of time.

Keep in mind that the loan approval process is always the case of “specialist knows best”. Don’t try to take the undue initiative to try and hasten the process.

Instead, follow the instructions you get from the loan representative. That is what will keep your process going smoothly and swiftly.

How Can I Get My First Payday Loan?

As long as you keep our instructions in mind, you should have no problem with the loan process. In fact, you can easily get started online from the comfort of your own home. All it takes is submitting a filled-out online payday loan form.

When the form gets processed, you’ll get a call from our loan representative. The representative will provide the necessary information, answer your questions, and arrange a meeting with you.

Bring the required items (the government-issued ID or driver’s license, proof of income, 30-day bank statement, and a blank check from an active checking account in your name) to the meeting. The representative will assess everything and determine if you qualify for the loan.

If they approve you, they’ll help complete the final steps then and there, and you’ll get the money on the next bank business day at the very latest.

Keeping It All Simple

Getting your first payday loan can be very easy when you go through Tennessee Title Loans, Inc.! If you get started right now, you could get approved today following an in-person process that takes about 30 minutes! So, fill out the form and submit it to qualify for up to $400. 

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