online payday loans

Read This Before You Apply for Online Payday Loans

With so many loans out there, it’s important to know what you’re getting into before applying. Today we’re covering all you need to know about online payday loans.

What Are Online Payday Loans?

A payday loan is a temporary loan, usually valued at least $100 or more. The loan is lent to a borrower under the agreement that it will be paid back – either in full or partially – when the borrower receives their next paycheck. Payday loans can be quick and easy to get, depending on the lender.

The application process can take as little as 30 minutes at certain locations and the customer can receive the money the same day or the next business day. Also, an online payday loan can be issued with bad or even no credit.

one hundred dollar bill from payday loan

What Can I Use A Payday Loan For?

Online payday loans should be used for emergency short-term relief.

If you need to fill your fridge with fresh food, fix a broken part of your car, or deal with an unexpected and urgent expense you can use a payday loan. They can also be used to cover routine living expenses such as credit card payments, utilities, rent, car payments, and mortgage payments.

At the end of the day, you can use online payday loans for whatever you want, but you’d be well advised to choose wisely. They should not be used for frivolous purchases like shopping sprees.

Who Is Eligible For A Payday Loan?

If you have a job, a checking account in your name, and a driver’s license or state-issued photo ID, you are eligible for online payday loans. To receive a payday loan, most lenders will require you to show documentation proving you are who you say you are and that you are employed.

Some loans require credit checks, but most payday loans do not.

Applying For Your Loan

At Tennessee Title Loans, Inc., you can apply for an online payday loan quickly and easily in a few simple steps.

  1. Apply online or in-store. You can easily apply for a payday loan by filling out the quick online inquiry form on our website. You can also visit a branch in person or give us a call first. Explore our website to access the online form and find locations near you.
  2. Wait for the call. Once you submit your online form, a representative from the nearest location will give you a call to go over the required documents, answer any questions you may have about the process, and schedule a time for you to meet.
  3. Prepare your documentation. When you meet with our representative, remember to bring your driver’s license or state-issued ID, your most recent pay stub, a recent 30-day bank statement from your checking account, and a blank check from an active checking account in your name.         
  4. Meet with a representative. The representative will verify your required documents and walk you through the final stages of the approval process which includes simple paperwork.
  5. Get approved. Once approved, you will receive the money on the same day or the following business day.
  6. Note our advantages! Choosing Tennessee Title Loans, Inc. allows you to receive a payday loan as soon as the same day as you apply or the following day. The in-person process takes as little as 30 minutes, and you can apply for up to $400 to use however you please.

payday loan tennessee

Get Started Today!

Payday loans can provide much needed relief to those who find themselves needing to take care of an emergency expense. If you are in a financial bind, are struggling to afford everyday expenses, or have a sudden financial emergency, don’t hesitate to find help at Tennessee Title Loans, Inc. Fill out our quick online inquiry form to get your payday loan in as little as 30 minutes. Don’t let time pass you by – contact us 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.

Emma Frost

Emma Frost is a lifestyle and finance blogger with a talent for communication and a passion for financial literacy. She uses her writing talents to explore topics that help her readers gain financial stability and growth.