Payday Loans in Cumberland Gap, Tennessee

All Credits Welcome!

If you have a bad credit score, then don’t worry – it’s not an issue for us!

TGL Loan Services

You can get your money fast after filling out the simple form on the "Get Started" page! Lenders cannot guarantee the approval, but they could approve your loans, even if you are unemployed, receiving government benefits.

Fast Money In Your Bank

You can get your money within hours after filling out the form! We work 24/7 for you!
  • This form is protected with secure 256-bit SSL encryption
  • By clicking “Get Started”, I consent and agree to the Privacy Policy and Terms of Use.

No payday loan companies in Cumberland Gap, TN. Consider companies in other cities:

Company nameAddressZip codePhone number
Ridge Loan 4143 Ringgold Rd ste a, Chattanooga, TN 37412 +1 (423) 622 - 8766
1A1 Cash Advance 298 Sam Ridley Pkwy E #130, Smyrna, TN 37167 +1 (615) 462 - 5912
Citizens Savings & Loan 1649 E Stone Dr 111, Kingsport, TN 37660 +1 (423) 392 - 9720
Republic Finance 5335 Mt View Rd, Antioch, TN 37013 +1 (615) 717 - 1228
U.S. Money Shops 412 Sweetwater Vonore Rd, Sweetwater, TN 37874 +1 (423) 337 - 0337
Check Into Cash 9332 Dayton Pike Suite 108, Soddy-Daisy, TN 37379 +1 (423) 332 - 7664
BB&T 912 East Pkwy, Gatlinburg, TN 37738 +1 (865) 430 - 2560
Payday Inc 3416 Rossville Blvd, Chattanooga, TN 37407 +1 (423) 867 - 9723
Quick Credit 1212 NW Broad St Ste B, Murfreesboro, TN 37129 +1 (615) 869 - 7660
First Heritage Credit Crossville TN 211 Highland Square, Crossville, TN 38555 +1 (931) 787 - 1899

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Cumberland Gap, TN, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Collierville, TN, Payday Loans in Columbia, TN, Payday Loan Without a Credit Check in Cookeville, TN, Same Day Loans in Franklin, TN, Payday Loans in Gallatin, TN, Payday Loans in Germantown, TN, Payday Loans in Hendersonville, TN and Payday Loans in Jackson, TN. But also, you can apply for a loan online, not coming out of your home. Just fill out a simple application on our website and we will connect you with trusted direct lenders in Cumberland Gap, TN.

Beautiful sights of Cumberland Gap, TN

Payday Loans Available in Cumberland Gap, TN By The Following ZIP Codes:

37724

Are Payday Loans Legal In Cumberland Gap, Tennessee?

Loan Rates and Fees, Laws and Regulations in Tennessee.

Legal StatusLegal
Interest Rate (APR, %)460
Maximum Loan Amount$500
Minimum Loan TermNot Specified
Maximum Loan Term31 days
Number of Rollovers Allowed0
Finance Charges15% of the amount of the check

Cumberland Gap, TN payday loan calculator

Payday Loans in Cumberland Gap, Tennessee: A Comprehensive Guide

In Tennessee, payday loans are legal and readily available to those who need them. Payday loans are a form of short-term borrowing that help consumers meet unexpected expenses or bridge the gap until their next paycheck. If you live in Cumberland Gap, Tennessee, and are considering a payday loan, this article will provide you with all the information you need to know about payday loans in your area.

What are Payday Loans?

Payday loans are a type of short-term, high-interest loan that are typically due on the borrower’s next payday. Borrowers typically take out payday loans to cover unexpected expenses or to bridge the gap until their next paycheck. The loans are typically for small amounts, ranging from $100 to $1,000, and they are usually due within two to four weeks. In Tennessee, the maximum amount for a payday loan is $500.

Payday loans are controversial because they often come with high interest rates and fees, making them difficult to repay. However, if you use payday loans responsibly, they can be a helpful tool to manage unexpected expenses and cash flow problems.

Payday Loan Regulations in Tennessee

Payday loans are legal in Tennessee, but the state has enacted regulations to protect consumers from predatory lending practices. According to Tennessee law, payday lenders must be licensed by the state and must follow certain guidelines when issuing loans.

  • The maximum loan amount is $500
  • The maximum term for a payday loan is 31 days
  • Lenders are allowed to charge up to 15% of the amount borrowed as a finance charge
  • Lenders are allowed to charge a verification fee of up to $5
  • Lenders are not allowed to issue loans to borrowers who already have outstanding payday loans

It’s important to note that while payday loans are legal in Tennessee, they can be expensive, and borrowers should be cautious before taking out a loan. There are also alternatives to payday loans, such as personal loans and credit cards, which may be a better option for some borrowers.

Payday Loans in Cumberland Gap

If you live in Cumberland Gap, Tennessee, and are considering a payday loan, there are several lenders in the area to choose from. Some lenders operate online, while others have storefront locations in the Cumberland Gap area.

When choosing a payday lender, it’s important to do your research and compare lenders to find the best rates and terms. Look for lenders that are licensed by the state and have a good reputation for customer service. You should also read the loan agreement carefully and make sure you understand the terms and conditions before signing.

Apply Now with TheGuaranteedLoans

At TheGuaranteedLoans, we are committed to helping consumers find the best payday loans in Cumberland Gap and throughout Tennessee. We are not a direct lender, but instead, we connect borrowers with potential lenders who may be able to offer the financing they need.

If you’re interested in a payday loan, visit our website to fill out an online application. Our application process is quick and easy, and we work with a network of lenders to find the best rates and terms for our customers. When you submit your application, we’ll match you with potential lenders who can provide the financing you need.

Facts and Statistics about Payday Loans in Cumberland Gap, Tennessee

  • According to federal data, Tennessee has the highest number of payday lenders per capita of any state in the nation
  • The average borrower in Tennessee takes out eight payday loans per year
  • The average interest rate for a payday loan in Tennessee is 456%
  • In 2019, Tennessee regulators fined a payday lender $270,000 for illegal practices, including charging borrowers excessive fees and interest rates

Conclusion

If you need a payday loan in Cumberland Gap, Tennessee, it’s important to understand the regulations and to choose a reputable lender. While payday loans can be a helpful tool to manage unexpected expenses, they can also be expensive, and borrowers should be cautious before taking out a loan.

At TheGuaranteedLoans, we are committed to helping consumers find the best rates and terms for their payday loans. Visit our website today to fill out an online application and get connected with potential lenders who can provide the financing you need.

F.A.Q.

Is it possible to negotiate a lower interest rate or fee on a payday loan in Cumberland Gap, Tennessee?

It is possible to negotiate a lower interest rate or fee on a payday loan in Cumberland Gap, Tennessee, but it will depend on the lender and the terms of the loan agreement. You can try to negotiate a lower rate or fee with the lender, but they are not required to agree to your request.

Can I be charged for early repayment of a payday loan in Cumberland Gap, Tennessee?

No, you cannot be charged for early repayment of a payday loan in Cumberland Gap, Tennessee. In fact, it is generally encouraged to pay off your payday loan as soon as possible to avoid additional fees and interest charges.