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Cash advances in Nashville

Consider applying for a cash advance in Nashville only after you review this guide carefully.

When you’re under financial strain, the last thing you need is your hard-earned money going toward fees and extra charges. Short term lenders come into play when your credit is less than perfect and you’re in need of emergency funds. If you’re planning to apply for a short term loan, the guide below will tell you what you need to know. And always keep in mind that a payday loan is a temporary fix, not a long-term solution.

Compare short-term loans you can apply for in Nashville

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Name Product Filter Values Loan amount Turnaround time Requirements
LendYou Short-term Loans
Finder Score: 2.5 / 5: ★★★★★
LendYou Short-term Loans
Up to $1,000 for payday loans and up to $5,000 for installment loans
1 business day
$1,000+ monthly income, direct deposit, US citizen or permanent resident, ages 18+
Get offers from potential lenders in minutes by filling out just one online form.
EarnIn
Not rated yet
EarnIn
Get up to $100 per day or $750 per pay period.
1 to 3 business days, or same-day for a fee
Direct deposit sent to a checking account, a regular pay schedule, a fixed work location or an online timekeeping system at work
No mandatory fees, no interest, and no credit checks. Subject to EarnIn terms & conditions
Cleo
Not rated yet
Cleo
Up to $250
3 to 4 days standard transfer. Same day with $3.99 express fee.
Not stated
Automatically monitor your spending plus access cash advances up to $100 at a time.
Albert
Not rated yet
Albert
Up to $250
2–3 business days or instant for a fee
Checking account 2+ months old receiving direct deposit, 2+ months working for the same employer, positive account balance, most recent paycheck was on-time, funds still available in bank account 24 hours after most recent payday.
Get up to $250 overdraft protection if you sign up for Albert's banking app.
Fast5kLoans Short-term Loans Connection Service
Finder Score: 0.2 / 5: ★★★★★
Fast5kLoans Short-term Loans Connection Service
$100 to $35,000
As soon as the next business day
Regular source of income, Verifiable bank account, US citizen, Ages 18+
Get connected with multiple lenders you might qualify with — even if you have bad credit.
Fig Loans Installment Loans
$50 to $100, varies by state
As soon as the same business day
3 months of direct deposits, $1400 per month income, positive bank account balance
Get an affordable installment loan that comes with no fees, flexible terms and predictable monthly repayments.
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Short term loans, also known as payday loans, are legal in Nashville. All cash advance lenders in Tennessee have to abide by provisions laid out in the Deferred Presentment Services Act, Tennessee Code Annotated 45-17-101. The most you can borrow through a cash advance or a payday loan is $500. The maximum loan term is 31 days. Tennessee payday loan laws state that cash advance lenders cannot initiate criminal action against borrowers who default. However, defaulters may be subject to civil action. As a borrower, you should make sure the lender you deal with has a valid license.

Why might you consider taking out a short term loan in Nashville?

  • Bad credit is OK. If poor or bad creditworthiness is getting in your way of getting a conventional loan, you can consider applying for a cash advance. In addition to looking at your credit score, payday lenders also take into account your ability to repay along with your existing financial situation.
  • Apply easily. Finding payday loan locations in Nashville is easy, given the number of cash advance lenders in this city. You can even apply for an online cash advance from the comfort of your home or office.
  • Get money quickly. Cash advance lenders tend to process applications and disburse funds quicker than regular banks. If you apply in-store, you can get your money soon after your application’s approval. With online applications, several lenders disburse approved funds by the next business day.
  • Use funds for any purpose. What you do with proceeds from a cash advance is basically up to you. You can use this money to get by a rough patch, to repair your car, to fix your home, to pay bills or to travel.

What fees and charges do Nashville payday loans come with?

Fees that lenders can charge for a cash advance in Nashville have to be in line with stipulations of the state’s payday lending laws. Here’s what you may have to pay:

  • Maximum finance rate and fees. Cash advance lenders cannot charge a finance charge exceeding 15% of a check’s face value. For a 14-day $100 loan the maximum finance charge you’ll have to pay is $17.65. The maximum APR for a 14-day $100 loan is 459%.
  • Collection fees. If you default on your loan, you may have to pay any court fees that your lender has to bear.
  • Rollover fees. State payday lending laws don’t permit cash advances to be rolled over.

Ready to apply for a short term loan in Nashville?

You can apply online by clicking “Go to Site” on your chosen lender above or by walking into your nearest short term lender’s store. Eligibility criteria will differ between Nashville lenders, but will generally include the following:

  • You are 18 years or older
  • You are an American citizen or a permanent resident of the U.S.
  • You have a steady source of income
  • To apply online, you should have an operational checking account

In order to complete the application successfully, you’ll have to provide some basic information:

  • Your name, home address, email address and phone number
  • Your date of birth, Social Security number and details from an acceptable form of identification document
  • Your employer’s name, address and phone number
  • Details about your income
  • If applying online, your bank account details

Frequently asked questions

Are payday loans available in my state?

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