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

Company nameAddressZip codePhone number
SmartBank 500 N Main St, Jamestown, TN 38556 +1 (931) 752 - 2265
Cash of Adamsville 236 N Maple St # A, Adamsville, TN 38310 +1 (731) 632 - 5441
First Federal Bank 4701 Highway 49 W, 4707 TN-49, Vanleer, TN 37181 +1 (615) 763 - 0500
Cash Now 2474 Warren Dr, Morristown, TN 37814 +1 (423) 587 - 1959
World Finance 136 S Dupree St Ste 5, Brownsville, TN 38012 +1 (731) 772 - 8836
Covington Credit 1123 N Castle Heights Ave Ste. D, Lebanon, TN 37087 +1 (615) 444 - 3533
Advance Financial 3536 Brainerd Rd Ste 108, Chattanooga, TN 37411 +1 (423) 425 - 9018
Cash N Dash Title & Payday Loans 601 S Main St B, Goodlettsville, TN 37072 +1 (615) 859 - 4094
Cash Express 2330 E Andrew Johnson Hwy, Morristown, TN 37814 +1 (423) 585 - 9719
State Finance of Ripley 109 W Jackson Ave, Ripley, TN 38063 +1 (731) 635 - 7475

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Smartt, TN, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Clarksville, TN, No Credit Check Loans in Cleveland, TN, Same Day Loans in Collierville, TN, Quick Loan in Columbia, TN, Payday Loans in Cookeville, TN, Emergency Loan in Franklin, TN, Payday Loans in Gallatin, TN and Payday Loans in Germantown, 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 Smartt, TN.

Are Payday Loans Legal In Smartt, 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

Smartt, TN payday loan calculator

Payday Loans in Smartt, Tennessee

Are you considering taking out a payday loan in Smartt, Tennessee? Payday loans can be a helpful option for those facing unexpected expenses or financial emergencies. Before applying for a payday loan in Smartt, it is important to understand the laws and regulations surrounding payday loans in Tennessee.

The Basics of Payday Loans

Payday loans are short-term loans that typically range from $100 to $500 and are intended to be repaid by the borrower’s next paycheck. These loans often have high interest rates and fees, making them a costly borrowing option if not paid back in full and on time. In Tennessee, payday loans are legal, but there are strict regulations in place to protect consumers.

Smartt, Tennessee Payday Loan Regulations

In Smartt, Tennessee, payday loans are regulated under the Tennessee Deferred Presentment Services Act. According to this law, payday lenders must meet certain requirements to operate in the state. For example, payday lenders must be licensed by the Tennessee Department of Financial Institutions and must prominently display their license and fee schedule in their storefront.

Additionally, the law sets limits on the amount of payday loans that a borrower can take out. The maximum amount of a payday loan in Tennessee is $500, and lenders are not allowed to loan to a borrower more than $2,500 in outstanding payday loans at any one time.

Furthermore, payday lenders in Tennessee must disclose all fees and annual percentage rates (APRs) associated with the loan, including any fees for late payments or non-payment. They must also provide a written agreement outlining the loan terms and repayment schedule.

Borrowing Responsibly

Although payday loans can be a helpful option for those in need of quick cash, they also come with significant risks. As previously mentioned, payday loans often come with high interest rates and fees, making them a costly borrowing option if not repaid on time. It is crucial to read and understand the loan agreement before accepting the loan to avoid any unexpected charges.

To avoid falling into a cycle of debt, borrowers should only take out a payday loan if they are confident in their ability to repay it on time. If there is any doubt about the ability to repay the loan, it may be better to consider other borrowing options or alternative forms of financial assistance.

Apply Now

Are you in need of a payday loan in Smartt, Tennessee? TheGuaranteedLoans can help connect you with potential lenders. Our online application process is quick and easy, and we work with a network of trusted lenders to ensure that borrowers are matched with lenders who meet their unique needs.

Remember, TheGuaranteedLoans is a connector service, not a direct lender. We do not make credit decisions or determine loan terms. Instead, we simply facilitate the connection between borrowers and potential lenders.

Interesting Facts about Payday Loans in Smartt, Tennessee

– According to a report from the Tennessee Department of Financial Institutions, there were 1,233 payday loan locations operating in Tennessee in 2020.

– The same report found that the average loan amount in Tennessee was $393, and the average APR was 405%.

– In 2020, Tennessee borrowers received over 2 million payday loans, totaling more than $1.2 billion.

Conclusion

Payday loans in Smartt, Tennessee can provide a helpful solution for those in need of quick cash. However, borrowers must be aware of the potential risks and the regulations surrounding payday loans in Tennessee. Borrowing responsibly, reading and understanding loan agreements, and considering alternative forms of financial assistance can help avoid falling into a cycle of debt.

If you are considering a payday loan in Smartt, Tennessee, TheGuaranteedLoans can help connect you with potential lenders. Apply now to get started on your loan application.

F.A.Q.

What should I do if I can't repay my payday loan in Smartt, Tennessee?

If you're unable to repay your payday loan in Smartt, Tennessee, you have several options. You can contact your lender and request an extension or payment plan, seek assistance from a nonprofit credit counseling agency, or consider refinancing your loan with a lower-interest personal loan or line of credit. However, if you're unable to find a solution, you may face late fees, damage to your credit score, or legal action from your lender.

What is a payday loan in Smartt, Tennessee?

A payday loan in Smartt, Tennessee is a short-term, high-interest loan that is designed to provide quick financial assistance to individuals who need money before their next paycheck arrives. These loans are typically for small amounts and are usually repaid within a few weeks.