Chattanooga Short-term Loan in 2025

Common Capital is a Help Organization dedicated to providing the public with comprehensive, accurate, and accessible online information about payday loans in Tennessee.

Table of content
Jump to
Tennessee Chattanooga

Eligibility Criteria for Personal Loans

  • Valid identification such as a government-issued ID or passport
  • Proof of stable income (recent pay stubs or bank statements)
  • Active bank account in the applicant's name
  • Be over the legal age of majority in your locality
  • Contact information including phone number and email address
  • No current or recent bankruptcy filings
  • Clear and confirmed repayment plan
  • Residency proof, such as a utility bill or lease agreement

Trusted Short-term Loan Lenders in Chattanooga, TN

Discover our meticulously vetted, responsible payday loan lenders committed to transparency and ethical lending practices, ensuring you access quick, trustworthy financial solutions when you need them most.

Lender
User Ratings
Address
Phone
Category
American Trust Cash Advance
User Raiting:
5.00
Address: 5701 Brainerd Rd, Chattanooga, TN 37411
Phone: +1 (423) 710-3059
Category: Financial institution
Farm Credit Mid-America
User Raiting:
5.00
Address: 7605 Hamilton Park Dr, Chattanooga, TN 37421
Phone: +1 (423) 510-9429
Category: Financial institution
BrightBridge Capital
User Raiting:
5.00
Address: 506 Broad St, Chattanooga, TN 37402
Phone: +1 (423) 424-4220
Category: Loan agency
Advance America
User Raiting:
5.00
Address: 5250 Brainerd Rd Ste. 102, Chattanooga, TN 37411
Phone: +1 (423) 855-1903
Category: Financial institution
Pros Payday Loans
User Raiting:
5.00
Address: 9731 Shadow Valley Cir, Chattanooga, TN 37421
Phone: +1 (423) 840-8294
Category: Loan agency
Quick Loans of TN
User Raiting:
5.00
Address: 2009 Dayton Blvd #103, Chattanooga, TN 37415
Phone: +1 (423) 870-9557
Category: Loan agency
Loan Simple, Inc.
User Raiting:
5.00
Address: 8052 Standifer Gap Rd suite a, Chattanooga, TN 37421
Phone: +1 (423) 490-0086
Category: Loan agency
Cash Express
User Raiting:
5.00
Address: 4925 Brainerd Rd, Chattanooga, TN 37411
Phone: +1 (423) 899-0118
Category: Loan agency
Advance Financial
User Raiting:
4.90
Address: 3516 Dayton Blvd, Chattanooga, TN 37415
Phone: +1 (423) 254-5117
Category: Loan agency
Credit Central
User Raiting:
4.80
Address: 6219 Lee Hwy Suite 145, Chattanooga, TN 37421
Phone: +1 (423) 296-0415
Category: Loan agency
World Finance
User Raiting:
4.80
Address: 3829 Ringgold Rd, Chattanooga, TN 37412
Phone: +1 (423) 622-6400
Category: Loan agency
Covington Credit
User Raiting:
4.80
Address: 4011 Brainerd Rd, Chattanooga, TN 37411
Phone: +1 (423) 698-1629
Category: Loan agency
Heights Finance
User Raiting:
4.70
Address: 6231 Lee Hwy Ste 215, Chattanooga, TN 37421
Phone: +1 (423) 296-9919
Category: Loan agency
Advance Financial
User Raiting:
4.70
Address: 3401 Rossville Blvd, Chattanooga, TN 37407
Phone: +1 (423) 388-4468
Category: Loan agency
World Finance
User Raiting:
4.70
Address: 6215 Lee Hwy Ste D, Chattanooga, TN 37421
Phone: +1 (423) 855-0464
Category: Loan agency
Advance Financial
User Raiting:
4.60
Address: 3536 Brainerd Rd Suite 108, Chattanooga, TN 37411
Phone: +1 (423) 353-9290
Category: Loan agency
Advance Financial
User Raiting:
4.60
Address: 4727 TN-58, Chattanooga, TN 37416
Phone: +1 (423) 426-5123
Category: Loan agency
CreditHub®
User Raiting:
4.60
Address: 200 W M.L.K. Blvd Suite#1000, Chattanooga, TN 37402
Phone: +1 (404) 692-6574
Category: Loan agency
Security Finance
User Raiting:
4.50
Address: 5515 Ringgold Rd, Chattanooga, TN 37412
Phone: +1 (423) 892-3311
Category: Loan agency
Courtesy Finance
User Raiting:
4.40
Address: 3536 Cummings Hwy, Chattanooga, TN 37419
Phone: +1 (423) 821-9890
Category: Loan agency
OneMain Financial
User Raiting:
4.40
Address: 6231 Perimeter Dr #183, Chattanooga, TN 37421
Phone: +1 (423) 899-2456
Category: Loan agency
Service Finance
User Raiting:
4.30
Address: 5841 Brainerd Rd Suite A, Chattanooga, TN 37411
Phone: +1 (423) 893-4823
Category: Loan agency
American Trust Cash Advance
User Raiting:
4.30
Address: 3631 Dayton Blvd, Chattanooga, TN 37415
Phone: +1 (423) 870-5987
Category: Loan agency
Easy Money
User Raiting:
4.20
Address: 5707 Brainerd Rd, Chattanooga, TN 37411
Phone: +1 (423) 805-9177
Category: Financial institution
American Trust Cash Advance
User Raiting:
4.00
Address: 3536 Cummings Hwy #172, Chattanooga, TN 37419
Phone: +1 (423) 825-1194
Category: Loan agency
Advance Financial
User Raiting:
4.00
Address: 3975 Hixson Pike, Chattanooga, TN 37415
Phone: +1 (423) 389-9087
Category: Loan agency
TVFCU - Highway 58
User Raiting:
3.70
Address: 4974 TN-58, Chattanooga, TN 37416
Phone: +1 (423) 634-3600
Category: Financial institution
Truist
User Raiting:
3.40
Address: 4323 Ringgold Rd, Chattanooga, TN 37412
Phone: +1 (423) 242-0117
Category: Bank
Courtesy Finance
User Raiting:
3.40
Address: 6429 Lee Hwy #103, Chattanooga, TN 37421
Phone: +1 (423) 954-2774
Category: Loan agency
Regional Finance
User Raiting:
3.00
Address: 5716 Ringgold Rd Unit 106, Chattanooga, TN 37412
Phone: +1 (423) 296-8301
Category: Loan agency
Metro Check Cashing
User Raiting:
1.60
Address: 4330 Ringgold Rd, Chattanooga, TN 37412
Phone: +1 (423) 622-2600
Category: Check cash
LoanSpot LLC
User Raiting:
1.00
Address: 2288 Gunbarrel Rd #154-169, Chattanooga, TN 37421
Phone: +1 (423) 521-4100
Category: Loan agency

What Are the Alternatives for Short-term Loans in Chattanooga?

Explore safer financial solutions than payday loans, including credit unions, personal loans, and budgeting tips, to achieve long-term stability and avoid high-interest debt traps.

Quick Installment Loans

Installment loans offer a fixed amount repaid over time through scheduled payments. They provide borrowers with quick access to funds, making budgeting manageable with predictable monthly installments.

Fast Cash Loans

Fast cash loans are short-term, unsecured loans providing immediate financial relief. Suitable for urgent needs, they offer speedy access to funds without a lengthy application process.

Instant Title Loans

Instant title loans use your vehicle's title as collateral, offering rapid funding without a lengthy credit check. Ideal for those who need quick cash but have limited credit options.

Emergency Loans Online

Emergency loans online are designed for unforeseen expenses, offering fast approval and easy application. Access funds quickly to address urgent needs without leaving home.

No Credit Check Payday Loans Online

No credit check payday loans online provide quick financial assistance with minimal requirements. These loans are accessible to those with poor credit and offer speed and convenience.

Guaranteed P2P Loans

Guaranteed peer-to-peer (P2P) loans connect borrowers directly with lenders, often offering better terms. Suitable for various financial situations, with the assurance of finding funding.

Online Debt Consolidation Loans

Online debt consolidation loans combine multiple debts into one payment. They can simplify finances, securing potentially lower interest rates and streamlined repayment processes.

Bad Credit Loans Guaranteed

Bad credit loans guaranteed approval cater to individuals with poor credit histories. They offer an opportunity to secure funds while rebuilding credit through consistent repayments.

How to Apply for Online Short-term Loans in Chattanooga

Research Lenders

Before applying for an online payday loan, conduct thorough research to find reputable lenders. Look for companies that have positive customer reviews, transparent terms, and accredited certifications. It’s crucial to avoid predatory lenders who charge exorbitant fees or interest rates. Use trustworthy online resources and comparison websites to gather information. This will help ensure that you choose a lender that aligns with your financial needs and offers responsible lending practices, ensuring a safer and more transparent borrowing experience.

Check Eligibility

Once you’ve identified potential lenders, check their eligibility requirements. Online payday lenders typically require applicants to be at least 18 years old, have a valid identification, provide proof of income, and have an active bank account. Some lenders might have additional criteria such as minimum income levels or specific employment conditions. Make sure you meet all the requirements to qualify for the loan to avoid any delays or rejections in your application process, and ensure a smooth borrowing experience.

Gather Necessary Documentation

After confirming eligibility, gather all necessary documentation required for the application. Common documents include proof of income such as pay stubs, recent bank statements, identification like a driver’s license or passport, and contact information. Having these documents readily available will streamline the application process, decrease the time spent on filling out forms, and increase your chances of getting approved quickly. Accurate documentation is vital for lenders to evaluate your ability to repay the loan.

Complete the Online Application

With all documents in hand, proceed to fill out the online application form provided by the lender. Carefully input your personal details, income information, and banking details to ensure accuracy and avoid errors that could delay the application. Follow the instructions provided, and double-check your entries before submitting. Some lenders may offer pre-approval within minutes, allowing you to know your eligibility and potential loan terms rapidly. A thorough and accurate application paves the way for a smoother approval process.

Review Loan Terms

Upon receiving approval, examine the loan terms carefully. Pay attention to the interest rates, repayment schedule, total repayment amount, and any additional fees or charges. Ensure that you can meet the repayment obligations without compromising your financial stability. Be wary of unfavorable terms and conditions or hidden clauses that may affect your ability to repay comfortably. If the terms are acceptable and clear, you can accept the loan offer and proceed with the arrangements for receiving the funds.

Receive Funds

After agreeing to the loan terms, the funds are typically transferred to your designated bank account, often within one business day. Keep track of the disbursement timing to plan your expenditure efficiently. Utilize the funds responsibly, ensuring that the borrowing aligns with your financial goals and repayment capacity. Stay vigilant about the repayment timeline and initiate timely payments, avoiding unnecessary penalties or increased interest due to delayed repayments. Effectively managing the funds ensures responsible financial behavior.

How to Use Short-term Loans - Useful Resources

Discover effective strategies for utilizing personal loans responsibly and explore valuable resources to manage your finances efficiently. Enhance your financial literacy with our comprehensive guidance and support.

Industry
Address
Phone
Adventure Sports Facility
Address: 3804 Saint Elmo Avenue, Chattanooga, TN 37409
Phone: +1 (423) 822-6800
Car Wash
Address: 4900 Golfview Drive, Chattanooga, TN 37411
Phone: +1 (423) 704-5462
Club & Association
Address: 6225 Vance Road, Chattanooga, TN 37421
Phone: +1 (423) 702-5373
College/University
Address: 1208 Pointe Center Drive, Chattanooga, TN 37421
Phone: +1 (423) 510-8712
Community Center
Address: 2333 McCallie Avenue, Chattanooga, TN 37404
Phone: +1 (423) 493-6822
Concert Hall
Address: 630 Chestnut Street, Chattanooga, TN 37402
Phone: +1 (423) 267-8583
Construction Material & Equipment
Address: 5932 Pine Grove Trail, Chattanooga, TN 37421
Phone: +1 (423) 650-4575
Dentist
Address: 4216 Cross Street, Chattanooga, TN 37416
Phone: +1 (423) 894-0052
Fitness Club & Center
Address: 7430 Commons Boulevard, Chattanooga, TN 37421
Phone: +1 (423) 220-4282
Hospital
Address: 1300 Cleveland Avenue, Chattanooga, TN 37404
Phone: +1 (615) 936-1060
Hotel
Address: 1441 North Smith Street, Chattanooga, TN 37412
Phone: +1 (423) 308-0111
Library
Address: 1001 Broad Street, Chattanooga, TN 37402
Phone: +1 (423) 757-5310
Local Post Office
Address: 1510 Maxwell Road, Chattanooga, TN 37412
Phone: +1 (423) 296-1476
Movie Theater
Address: 5011 Marylin Lane, Chattanooga, TN 37411
Phone: +1 (423) 531-2291
Museum
Address: 615 Lindsay Street, Chattanooga, TN 37403
Phone: +1 (423) 265-3247

How to Get to Chattanooga

Complaints about Short-Term Loans in Tennessee

Issue Type
Amount of Complaints
Charged fees or interest you didn't expect
268
Struggling to pay your loan
197
Problem when making payments
145
Problem with the payoff process at the end of the loan
96
Charged fees or interest I didn't expect
93
Getting the loan
62
Incorrect information on your report
54
Getting a line of credit
50
Can't contact lender
45
Problem with additional add-on products or services
36
The data is taken from consumer complaint database created by Consumer Financial Protection Bureau

Submit a Complaint for a Short-term lender in Chattanooga

If you need to submit a complaint against a payday lender in Tennessee, the primary regulatory body is the Tennessee Department of Financial Institutions. They ensure compliance with state laws governing payday loans. You can reach them at:

  • Tennessee Department of Financial Institutions, 312 Rosa L. Parks Avenue, 26th Floor, Nashville, TN 37243
  • (615) 741-2236
Submit a Complaint

Frequently Asked Questions about Short-term Loans

How Do Payday Loans Work?

Payday loans, also known as cash advances, are short-term loans designed to help individuals cover immediate financial needs until their next paycheck. The borrower usually writes a post-dated check or authorizes a bank withdrawal for the loan amount plus any fees. When the loan term ends, typically within two weeks, the lender withdraws the total amount from the borrower’s account.

Can I Apply for a Payday Loan with Bad Credit?

Yes, payday loans are often available to individuals with bad credit. Lenders generally focus on your current income and ability to repay the loan rather than your credit history. This makes payday loans an accessible option for those who might not qualify for traditional bank loans.

What Should I Consider Before Applying for a Payday Loan?

Before applying for a payday loan, consider your ability to repay the loan on your next payday. Evaluate the loan terms, interest rates, and additional fees. Payday loans should be considered a short-term financial solution, primarily used for emergencies or unforeseen expenses.

How Quickly Can I Get a Payday Loan?

One of the advantages of payday loans is their fast processing times. Many lenders offer instant approval and can deposit funds into your account within one business day, making them a viable option for emergency situations requiring fast access to cash.

Are Payday Loans Available for Self-employed Individuals?

Yes, self-employed individuals can apply for payday loans. While the process might require additional documentation proving steady income or business activity, lenders often consider applications from self-employed people, focusing primarily on their ability to repay the loan.

What Are the Typical Repayment Terms for Payday Loans?

Payday loans are typically designed to be repaid in a short period, usually on your next payday or within two to four weeks. It's crucial to understand the repayment terms and ensure you can meet them to avoid additional fees or penalties.

Can Payday Loans Be Extended or Rolled Over?

Some lenders offer the option to extend or roll over payday loans; however, this can lead to additional fees and increased total loan costs. It’s essential to understand these potential charges and explore all options before opting for an extension.

What Fees Are Associated with Payday Loans?

Payday loans often come with higher fees compared to traditional loans. These can include application fees, processing fees, and interest rates. It is crucial to review the loan agreement carefully to understand all costs involved before committing.

Are Payday Loans Regulated?

The regulation of payday loans varies by location. In many areas, governments have established laws to cap interest rates and fees and protect consumer rights. Ensure that you borrow from a licensed and reputable lender adhering to local regulations.

Can Taking a Payday Loan Affect My Credit Score?

Typically, payday loans do not appear on your credit report, so they do not impact your credit score directly. However, failing to repay the loan may result in collection actions, which can negatively affect your credit score.

Where Can I Get Reliable Information About Payday Loans?

For reliable information, consult financial advisors, review resources from consumer protection agencies, or visit the website of a certified lender. Being well-informed is crucial for making educated financial decisions regarding payday loans.

Tennessee Short-term Loans Near Me

Adamsville Alamo Alcoa Alexandria Algood Andersonville Antioch Apison Ardmore Arlington Ashland City Athens Atoka Atwood Bartlett Bean Station Bells Benton Berry Hill Big Sandy Blaine Blountville Bolivar Bon Aqua Bradyville Brentwood Brighton Bristol Brownsville Bruceton Bulls Gap Bumpus Mills Burlison Burns Byrdstown Calhoun Camden Carthage Caryville Castalian Springs Celina Centerville Chapel Hill Chattanooga Chuckey Church Hill City Clarkrange Clarksville Cleveland Clifton Clinton Coalmont College Grove Collegedale Collierville Collinwood Columbia Cookeville Copperhill Cordova Cornersville Corryton Cosby Counce Covington Crockett Mills Cross Plains Crossville Crump Culleoka Cumberland City Cumberland Furnace Dandridge Dayton Decatur Decaturville Decherd Dickson Dover Dresden Ducktown Dunlap Dyersburg Eads Eagleville East Ridge Elizabethton Englewood Erin Erwin Estill Springs Etowah Fairfield Glade Fairview Farragut Fayetteville Frankewing Franklin Friendsville Gadsden Gainesboro Gallatin Gates Gatlinburg Germantown Gibson Gleason Goodlettsville Gordonsville Grand Junction Gray Graysville Greenbrier Greeneville Greenfield Gruetli laager Halls Harriman Harrogate Hartsville Heiskell Helenwood Henderson Hendersonville Hermitage Hickory Valley Hill Hixson Hohenwald Hollow Rock Hornbeak Humboldt Huntingdon Huntland Huntsville Jacksboro Jackson Jamestown Jasper Jefferson City Jellico Joelton Johnson City Johnsonville Jonesborough Juliet Kimball Kingsport Kingston Kingston Springs Knoxville Kodak La Vergne Lafayette Lafollette Lakeland Lawrenceburg Lebanon Lenoir City Lewisburg Lexington Liberty Linden Livingston Lobelville Lookout Mountain Loretto Loudon Louisville Lyles Lynchburg Lynnville Madison Madisonville Manchester Martin Maryville Mascot Mason Maury City Maynardville Mcewen Mckenzie Mclemoresville Mcminnville Memphis Michie Middleton Milan Millington Monteagle Monterey Morrison Morristown Mosheim Mountain City Mt Carmel Mt Pleasant Mt. Juliet Munford Murfreesboro Nashville New Johnsonville New Market New Tazewell Newbern Newport Niota Nolensville Norris Oak Ridge Oakland Obion Old Hickory Oliver Springs Oneida Ooltewah Orlinda Palmer Paris Parrottsville Parsons Pegram Pigeon Forge Pikeville Piney Flats Pittsburg Plains Pleasant View Portland Powell Pulaski Puryear Reagan Red Bank Red Boiling Springs Riceville Rickman Ridge Ridgely Ridgetop Ripley Roan Mountain Rockwood Rocky Top Rogersville Rossville Rutledge Sardis Savannah Scotts Hill Selmer Sevierville Sewanee Seymour Shelbyville Signal Mountain Smithville Smyrna Sneedville Soddy Daisy Somerville South Fulton South Pittsburg Sparta Speedwell Spencer Spring City Spring Hill Springfield Stanton Summertown Surgoinsville Sweetwater Talbott Tazewell Tellico Plains Tennessee Ridge Thompson's Station Tiptonville Toone Townsend Tracy City Trenton Trezevant Trimble Troy Tullahoma Tusculum Unicoi Union City Vanleer View Viola Vonore Wartburg Washburn Watertown Waverly Waynesboro White Bluff White House White Pine Whites Creek Whiteville Whitwell Winchester Winfield Withe Woodbury Woodland Mills