Payday Loans in Tennessee, Memphis and Nasvhille - Apply Online With Capital Bean

If you are looking for the best payday loans in Tennessee, Capital Bean is here to assist you today. We can help you in 100+ cities across the state including Nashville to Memphis. Complete our online application form in less than 5 minutes and receive an instant decision on the screen. Our partners are happy to consider bad credit and no credit check options and you can start by clicking on apply now below.

Representative Example:
On an assumed loan amount of $400 over 3 months. Representative 400% APR. Total repayment amount $691.89. 3 monthly payments of $230.63.


3 Simple Steps To Apply For Payday Loans in Tennessee


Apply Online

Apply from your laptop, tablet or phone in less than 5 minutes.

Immediate Decision

You'll get an instant on-screen decision about whether you have been approved or not.

Get Fast Cash

Get the money in your bank account the same or next business day.

Where Can I Get A Tennessee Payday Loan?

Capital Bean is a 100% online broker which means that we can work with you wherever you live in Tennessee. We work with lenders across the whole of the US and so can find a loan that works for you. We work in:

Johnson City
Spring Hill
Mount Juliet
La Vergne

Oak Ridge
East Ridge
White House
Grundy County

Middle Valley
Hartsville/Trousdale County
Red Bank
Union City
Lenoir City
Fairfield Glade
Halls CDP
Signal Mountain

Jefferson City
Thompson’s Station
South Cleveland
La Follette
Green Hill
Church Hill
Lynchburg, Moore County
Pigeon Forge

can-i-get-a-payday-loan-in-tennesseeThe right partner

Capital Bean only works with trusted lenders so we can guarantee responsible lending. With hundreds of different lenders available across Tennessee, we can analyze your application and make sure we are finding the right lender and the best loan product for your personal circumstances.

search-will-never-impact-credit-historyNo impact on your credit history

Capital Bean only ever carries out soft credit checks meaning that, unlike banks and other financial institutions, there is no visible footprint on your credit history. Capital Bean assesses factors other than just your credit history in order to determine creditworthiness.



Capital Bean is a broker rather than a direct lender. This means that we do not supply the funds directly but instead match you with the best lender for you. Even if you have poor or bad credit, we will always try and help you find access to funds.

Is A Tennessee Payday Loan The Right Product For Me?

Many of our borrowers work with Capital Bean to help them get through short-term financial problems like an unexpected home repair or medical expenses. Once your application has been approved by our panel, the funds could be in your bank account in under 60 minutes.

Capital Bean helps people in Tennessee find a payday loan with the best options

  • Instant decisions
  • Flexible repayment options
  • Options for borrowers with poor credit
  • Online loan request form

Payday loans should only ever be used for short-term, emergency expenses. If you are looking for extra cash to spend on shopping or going out, payday loans are not the answer. For people with long-term debt or financial problems, payday loans are not the right option as they can worsen debt problems.

You should always make sure to read the lender’s terms and conditions carefully to be certain that you can afford to repay this loan in the specified time. If you are unable to meet a repayment on the due date for any reason, this will increase the amount of interest you have to pay and could negatively impact your credit score in the long run.

Can I Get A Payday Loan In Tennessee?

Before completing the online request form, first check whether you are definitely eligible for a loan – this could save disappointment and will also save you time. To take out a payday loan in Tennessee, there are four key eligibility requirements. Applicants must be residents of the US and at least 18 years old. Borrowers will need to demonstrate a monthly income of at least $800. Finally, you must have an active checking account where your payday loan can be paid into.

Am I Eligible For A Payday Loan In Tennessee?

There are a number of requirements to be eligible for a payday loan in Tennessee. The main ones are:

  • Over 18 years in age
  • You must be a US citizen
  • Be in full-time employment
  • Make over $800 per month
  • Have an active checking account with a bank
  • Have a working cell phone number

Can I Get A Tennessee Payday Loan If I Have Bad Credit?

Yes – you can absolutely get a payday loan in Tennessee even if you have very bad credit.  We believe you should have a second chance to repair your financial strength and with access to over 50 lenders on our panel, many of them only work with people looking for loans with bad credit or poor credit. Typically, you will need to show that you have a stable income, employment and strong commitment to repaying your loan on time. In some places, your loan amount and rate charged may be adjusted to assist those with less than perfect credit scores.

In addition, we may offer a range of different products that are better suited to people with poor credit, including collateral loans, secured, title, credit unions, cards, apps and more. By checking your eligibility for free with Capital Bean, we will be able to match you in seconds with the right type of lender and product for you.

How Can I Find A Payday Loan In Tennessee?

The application process for Tennessee payday loans is 100% online. This means that with Capital Bean you can get up to $35,000 today from your phone or tablet in the comfort of your own house. Our application process can be completed in under 5 minutes and the decision is made instantly by our lenders.

We aim to make the payday loan process as quick and easy as possible meaning that you could have the money in your account in less than 60 minutes!

At Capital Bean, we understand the need for speed. When you’re met with unexpected expenses, your main priority is getting quick and safe access to money. That is why with our fast, online application, we can get you approved within minutes and get funds to you in under an hour!

If you are experiencing long-term financial problems or looking to take out money over a long period of time, payday loans are probably not the answer. Always read the lender’s terms and conditions before making an application and make sure that you are taking out the loan for the right reason.


What Are The Repayment Terms Of A Payday Loan In Tennessee?

For payday loans of 31 days, you will usually pay these within 2 to 4 weeks of being funded, typically in one full repayment on your next pay date from work (usually the last Friday of the month or a day that you choose).

For longer term loans repaid over 3,6 or 12 months, or larger amounts of $1,000 or $5,000, you will have the option to repay in equal monthly installments – with the same amount coming out of your account each month on the same day of the month. You always have the option to repay your loan early and you will typically save money on the overall interest by doing so.

If for any reason you struggle to pay back the loan amount, this could impact the amount of interest you need to pay and could negatively impact your credit rating in the long term.

How Fast Can I Get A Payday Loan in Memphis and Nashville?

Successful applications can be funded in 15 minutes, 1 hour, 24 hours or the same day of applying. If you complete our 100% online request form, you can receive an instant decision giving you a loan offer – and then you can choose if you wish to proceed with those terms. There is an agreement which you will electronically sign, confirming all the rates and terms of your agreement, including the loan amount, repayment amounts and dates. Your loan enquiry will be subject to further checks and maybe even a phone call from the lender to confirm some bits and pieces. But all being well, it can be automated and ready for funding asap.

Capital Bean aims to make the process as fast and straightforward as possible. To speed up the process and to help you get fast cash and access to funds, make sure you have relevant information ready to fill out the form such as your bank account details. If you are wanting to receive the decision as quickly as possible, make sure to submit your application during Tennessee working hours as this is when the majority of loans are approved. Being able to respond quickly to any queries or document requests will make it more likely that your loan is approved.

What Is The Process To Request A Loan In Tennessee?

Start the process today by clicking on the ‘Get Started’ button below and head straight to the online form. Answer some simple questions about how much you wish to borrow and over how much time. You will also be asked for a few personal details including your income, monthly expenditure and employment status.

FAQs for Payday Loans in Tennessee

What’s The Maximum and Minimum I Can Borrow?

Payday loan amounts range from $100 to $35,000 although Tennessee state law prohibits loans of more than $500.

Are Payday Loans Legal In Tennessee?

Payday loans are legal in the state of Tennessee; however, there are certain limits on how much you can borrow. Tennessee has a maximum loan limit of $500 for a payday loan and the maximum loan term is 31 days. It is specified that finance charges should not exceed 15% of the amount of the loan; yet, APR in Tennessee can reach 460% APR. See the full list of rules below:

  • Are They Legal? – Yes
  • APR – 460%*
  • Maximum Borrowing Amount – $500
  • Minimum Loan Term – Not Specified
  • Maximum Loan Term – 31 days
  • Number of Rollovers – 0
  • Number of Outstanding Loans – 2 (not more than $500 from all loans)
  • Finance Charges – 15% of the amount of the check / $17.65 for $100 borrowed
  • Statute of Limitations – 6 years (from the last payment)
  • Database Loan Tracking – No

Reference: NCSL

What’s The Maximum and Minimum Duration of a Loan?

At Capital Bean you can borrow to be repaid over a maximum period of 5 years. Some of our shortest loans are repaid in 2 weeks depending on the amount.

How Many Loans Can I Have Open in Tennessee?

Law states that you can only have one outstanding payday loan in Tennessee at any point and that you cannot take out additional ones in your name to avoid falling into financial difficulty.

Is Capital Bean a direct lender?

Capital Bean is a broker, meaning that we will not pay you the funds directly but instead work with our panel of lenders to get you the best possible rate in Tennessee, Memphis and Nashville. We will pass your details on to the lender that is best suited to your circumstances. This means the best interest rates and best repayment terms.

How much does it cost to submit a payday loan request in Tennessee?

There are no fees to submit a payday loan request in Tennessee via Capital Bean’s online application service.

How quickly can I get the funds through?

If you’re approved you could have the funds in as little as an hour. So if you’re looking to get money through on the same day then Capital Bean could be the right partner for you.

Where Can I Find A Payday Loan In Tennessee, Memphis and Nashville?

If you live in the great state of Tennessee and are struggling for cash between paychecks, Capital Bean is here to help. You might need quick cash to pay off a home repair, medical expenses or just to pay bills. Whatever the reason we can connect you to a lender that will work well for you.

Our 100% online service will help you find a loan that works for you today. We will give you an instant onscreen decision and you could get the money within 60 minutes.