Payday Loans in Rossville, 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 Rossville, TN. Consider companies in other cities:

Company nameAddressZip codePhone number
ATM U.S. Bank Rogersville Highway 66 4015 TN-66 S, Rogersville, TN 37857 +1 (800) 627 - 3999
Security Finance 206 E Reelfoot Ave Suite 5, Union City, TN 38261 +1 (731) 885 - 7707
Citizens Tri-County Bank 402 N Cedar Ave, South Pittsburg, TN 37380 +1 (423) 837 - 8645
LoanMaster 449 N Broadway, Portland, TN 37148 +1 (615) 323 - 8395
SunTrust 9526 Apison Pike, Ooltewah, TN 37363 +1 (423) 910 - 6000
Quick Cash 737 US-51, Covington, TN 38019 +1 (901) 476 - 8600
Community Cash Advance 3453 W Main St, Erin, TN 37061 +1 (931) 289 - 4313
Heritage South Community Credit Union 600 E Church St, Lewisburg, TN 37091 +1 (931) 359 - 3911
Credit Central 2707 Jacksboro Pike, Jacksboro, TN 37757 +1 (423) 566 - 2258
Cash Express 102 S Gateway Ave #200, Rockwood, TN 37854 +1 (865) 245 - 8118

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Rossville, 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, Guaranteed Loans in Cookeville, TN, Emergency Loan in Franklin, TN, Emergency Loan in Gallatin, TN, Payday Loans in Germantown, TN, Payday Loans in Hendersonville, TN and Bad Credit 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 Rossville, TN.

Beautiful sights of Rossville, TN

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

38066

Are Payday Loans Legal In Rossville, 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

Rossville, TN payday loan calculator

Payday Loans in Rossville, Tennessee

If you live in Rossville, Tennessee, and need some extra cash to cover unexpected expenses, you may consider taking out a payday loan. Payday loans are short-term loans that typically come with high-interest rates and fees. They are often used by people who have bad credit or no credit history and cannot qualify for traditional loans.

While payday loans are legal in Tennessee, there are important things you need to know before you apply for one.

What is a Payday Loan?

A payday loan is a type of short-term loan that is due on your next payday. You borrow a small amount of money, typically ranging from $100 to $500, and pay it back with interest and fees when you receive your next paycheck.

The fees and interest rates of payday loans are often very high, making them an expensive way to borrow money. According to the Consumer Financial Protection Bureau (CFPB), the average payday loan borrower pays $458 in fees and interest over a 14-day period for a $350 loan.

How Do Payday Loans Work in Tennessee?

Payday loans are legal in Tennessee, but the state has strict regulations that lenders must follow. Tennessee law caps the amount of payday loans at $500 and limits the fees and interest rates that lenders can charge.

According to Tennessee law, payday lenders can charge a maximum of 15% of the loan amount in fees and up to 459% APR (annual percentage rate) on a 14-day loan. This means that if you borrow $100 for two weeks, you could pay up to $17.65 in fees and $134.65 in total if you cannot pay back the loan on time.

It is important to note that payday lenders in Tennessee cannot renew or rollover your loan. This means that you cannot take out a new loan to pay off the old one, as this can lead to a cycle of debt.

How to Apply for a Payday Loan in Tennessee

To apply for a payday loan in Tennessee, you must be at least 18 years old and have a valid ID, Social Security number, and proof of income. You will also need to provide your checking account information, as lenders require access to your account to deposit the loan and withdraw the repayment.

Most payday lenders in Tennessee offer online applications that take only a few minutes to complete. You can also apply in person at a storefront location, but this can be more time-consuming.

The Risks of Payday Loans in Tennessee

While payday loans can provide quick cash for emergencies, they come with significant risks that borrowers should be aware of. Here are some of the risks associated with payday loans in Tennessee:

– High costs: Payday loans are expensive, and the interest rates and fees can add up quickly, leading to debt traps.

– Short repayment terms: Payday loans are due on your next payday, which can be as soon as two weeks from the loan date. If you cannot pay back the loan on time, you may face additional fees and damage to your credit score.

– Reliance on payday loans: If you take out payday loans regularly to cover expenses, you may become reliant on them and struggle to make ends meet.

Interesting Facts and Statistics about Payday Loans in Rossville, Tennessee

– There are over 1,200 payday lenders in Tennessee.

– The average borrower takes out 8 payday loans per year.

– In 2019, Tennessee borrowers took out over 1.4 million payday loans, with an average loan amount of $391.

Apply Now

If you need a payday loan in Rossville, Tennessee, TheGuaranteedLoans can help you connect with potential lenders. We are a connector service, not a direct lender, and we work with a network of reputable lenders that comply with Tennessee law.

To apply for a payday loan, simply fill out our online application form and provide the necessary information. We will process your application quickly and connect you with potential lenders that meet your needs. Remember, payday loans are an expensive way to borrow money, so make sure you understand the terms and fees before you accept the loan.

Conclusion

Payday loans can be a helpful resource for people in Rossville, Tennessee, who need cash quickly, but they come with significant risks and costs. Before you apply for a payday loan, make sure you understand the terms and fees and consider alternative options, such as borrowing from a friend or family member or using a credit card. If you choose to take out a payday loan, make sure you repay it on time to avoid additional fees and damage to your credit score.

F.A.Q.

How do I qualify for a payday loan in Rossville, Tennessee?

To qualify for a payday loan in Rossville, Tennessee, you must be at least 18 years old, have a valid ID, and have a source of income. You may also need to provide proof of your residence and a bank account in order to receive the loan.

What are the interest rates for payday loans in Rossville, Tennessee?

The interest rates for payday loans in Rossville, Tennessee are determined by the lender and can vary depending on the amount of the loan and the borrower's credit history. Typically, the interest rates for these loans are higher than those for traditional loans due to the short-term nature of the loan.