Cleveland 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.

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Eligibility Criteria for Personal Loans

  • Valid government-issued identification (e.g., passport, driver's license).
  • Proof of income such as recent pay stubs or bank statements.
  • Active and verified bank account details for cash deposit.
  • Completed application form, either online or in-person.
  • Contact information including phone number and email address.
  • Resident of the area serviced by the NGO's program.
  • Agreement to terms and conditions of the cash advance program.

Trusted Short-term Loan Lenders in Cleveland, TN

Explore our curated list of trusted payday loan lenders, dedicated to providing transparent, reliable, and ethical financial solutions to meet your short-term funding needs with confidence and peace of mind.

Lender
User Ratings
Address
Phone
Category
Approved Cash Corporate Office
User Raiting:
5.00
Address: 1865 Executive Park Dr NW, Cleveland, TN 37312
Phone: +1 (423) 614-2300
Category: Loan agency
Cash Express
User Raiting:
5.00
Address: 2755 Keith St NW, Cleveland, TN 37312
Phone: +1 (423) 473-7795
Category: Loan agency
Advance America
User Raiting:
5.00
Address: 2340 McGrady Dr SE c, Cleveland, TN 37323
Phone: +1 (423) 559-2878
Category: Financial institution
Fast Payday Loans
User Raiting:
5.00
Address: 1807 Keith St NW, Cleveland, TN 37311
Phone: +1 (423) 445-0429
Category: Loan agency
Advance Financial
User Raiting:
4.80
Address: 1695 25th St NW, Cleveland, TN 37311
Phone: +1 (423) 438-1417
Category: Loan agency
Covington Credit
User Raiting:
4.80
Address: 200 Grove Ave SW, Cleveland, TN 37311
Phone: +1 (423) 614-3408
Category: Loan agency
Superior Financial Services
User Raiting:
4.50
Address: 163 Stuart Rd NE, Cleveland, TN 37312
Phone: +1 (423) 473-1552
Category: Loan agency
Citizens Savings & Loan
User Raiting:
4.40
Address: 3368 Keith St NW, Cleveland, TN 37312
Phone: +1 (423) 559-9472
Category: Loan agency
American Trust Cash Advance
User Raiting:
4.40
Address: 2540 Keith St NW, Cleveland, TN 37312
Phone: +1 (423) 728-2980
Category: Loan agency
Service Loan Co
User Raiting:
3.90
Address: 2421 Keith St NW, Cleveland, TN 37311
Phone: +1 (423) 339-1166
Category: Loan agency
Courtesy Finance
User Raiting:
3.70
Address: 4466 Frontage Rd NW, Cleveland, TN 37312
Phone: +1 (423) 476-7477
Category: Loan agency
American Trust Cash Advance
User Raiting:
3.50
Address: 2540 Keith St NW, Cleveland, TN 37312
Phone: +1 (423) 473-2996
Category: Loan agency
Acceptance Now
User Raiting:
2.30
Address: 4520 Frontage Rd NW, Cleveland, TN 37312
Phone: +1 (423) 473-5924
Category: Loan agency

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

Explore healthier financial options beyond payday loans, including personal loans, credit unions, and budgeting tools, to break the cycle of high interest and financial stress.

Installment Loans Fast

Installment loans allow borrowers to repay in scheduled payments over time, providing the convenience of regular, manageable installments for covering a variety of financial needs quickly.

Fast Cash Loans

Fast cash loans offer borrowers immediate access to funds, addressing urgent money requirements with quick approval and disbursement processes, ideal for short-term financial issues.

Instant Title Loans

Instant title loans use your vehicle title as collateral, enabling you to swiftly obtain funds while retaining the use of your car during the loan term.

Emergency Loan Online

Emergency loan online options provide quick access to funds in critical situations, offering a convenient solution for borrowers facing unexpected financial emergencies through an easy online process.

Payday Loans Online

Payday loans online provide short-term borrowing options through digital platforms, designed for immediate, easy access to funds until your next paycheck arrives.

P2P Loans No Credit Check

P2P loans no credit check connect borrowers directly with lenders via online platforms, facilitating effortless financial exchanges without the need for traditional credit verifications.

Guaranteed Debt Consolidation Loans

Guaranteed debt consolidation loans merge multiple debts into one loan, simplifying repayment through fixed terms and potentially reducing interest rates for ease of financial management.

Bad Credit Loans Quick

Bad credit loans quick cater to individuals with lower credit scores, offering accessible borrowing solutions rapidly while often accommodating diverse credit histories.

How to Apply for Online Short-term Loans in Cleveland

Research and Choose a Reputable Lender

The initial phase of applying for online payday loans involves conducting fine research to select a reliable and reputable lender. Look for customer reviews, verify licenses, and compare various lenders based on interest rates and terms. Reputability is key, as credible lenders adhere to strict state and federal regulations designed to protect consumers. This research not only helps avoid scammers but also ensures you find a lender that meets your financial needs while offering transparent terms.

Gather Necessary Personal Information

Before starting the application, compile all essential personal details required by lenders. Typically, this includes identification information such as your name, address, social security number, and employment details like your employer’s name and contact information. Lenders also require income data to assess repayment ability. Having this information ready ahead of time will streamline the application process, allowing you to move directly from one step to the next without delays, ensuring a more efficient loan application.

Complete the Online Application Form

Once you have selected your lender and organized your personal information, proceed to fill out the online application form. This form will ask for all gathered details, including your contact information, income specifics, and bank account number for potential fund transfer. Ensure accuracy when filling out each section, as incorrect or mismatched information can delay the approval process. Take your time to review your entries before submitting to prevent any potential setbacks or misunderstandings that might arise.

Review the Loan Terms and Conditions

After submitting your application, carefully review the loan offer provided by the lender. This includes the interest rate, repayment schedule, and any additional fees or penalties. Understanding these terms is crucial as they directly impact your repayment plan. If any part of the loan terms is unclear, do not hesitate to contact the lender for clarification. This ensures you are fully informed and comfortable with the financial commitment you are about to undertake before you proceed with accepting the loan.

Accept the Loan and Receive Funds

If satisfied with the terms, proceed to formally accept the loan offer. This usually involves electronically signing the agreement, signifying your understanding and consent to all conditions outlined. Once completed, the lender will typically transfer the loan amount directly into your bank account, often within the same day or up to a few business days. Ensure you save copies of all agreements and communications for future reference, as they might be needed in case of disputes or queries.

How to Use Short-term Loans - Useful Resources

Explore effective strategies for utilizing personal loans responsibly. Access valuable resources to make informed financial decisions and ensure a secure borrowing experience for your immediate monetary needs.

Industry
Address
Phone
Car Repair and Service
Address: 6358 Waterlevel Highway, Cleveland, TN 37323
Phone: +1 (423) 790-1749
Car Wash
Address: 1505 Huff Avenue Southwest, Cleveland, TN 37311
Phone: +1 (423) 464-2075
Club & Association
Address: 60 North Ocoee Street, Cleveland, TN 37311
Phone: +1 (423) 476-8982
College/University
Address: 3535 Adkisson Dr Nw, Cleveland, TN 37312
-
Community Center
Address: Hill Street Southeast, Cleveland, TN 37311
Phone: +1 (423) 479-2122
Dentist
Address: 165 Mouse Creek Road Northwest, Cleveland, TN 37312
Phone: +1 (423) 458-4147
Do-It-Yourself Centers
Address: 546 Paul Huff Parkway Northwest, Cleveland, TN 37312
Phone: +1 (423) 472-2644
Fast Food
Address: 1445 25th Street Northwest, Cleveland, TN 37311
Phone: +1 (423) 478-3508
Government Office
Address: 450 Walker Street Northeast, Cleveland, TN 37311
Phone: +1 (423) 479-9659
Horse Riding Center
Address: 3506 Old Freewill Road Northwest, Cleveland, TN 37312
Phone: +1 (423) 595-0003
Hotel
Address: 156 James Asbury Drive Northwest, Cleveland, TN 37312
Phone: +1 (423) 472-5566
Library
Address: 260 11th Street Northeast, Cleveland, TN 37311
Phone: +1 (423) 614-8551
Local Post Office
Address: 155 Broad Street Northwest, Cleveland, TN 37311
Phone: +1 (800) 275-8777
Movie Theater
Address: 200 Paul Huff Parkway Northwest, Cleveland, TN 37312
Phone: +1 (423) 472-5515
Museum
Address: 63 North Ocoee Street, Cleveland, TN 37311
-

How to Get to Cleveland

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 Cleveland

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

Are Payday Loans Suitable for People with Bad Credit?

Yes, payday loans are often accessible to individuals with bad credit. Lenders typically assess your current income rather than your credit score, making them a viable option for those experiencing trouble securing loans through traditional means.

How Quickly Can I Access Funds from a Payday Loan?

Payday loans are known for their quick processing times. Once approved, you can often receive your funds within 24 hours or even instantly, making them an ideal solution for emergency cash needs.

What Do I Need to Qualify for a Payday Loan?

To qualify for a payday loan, you generally need to have an active bank account, a steady source of income, and valid identification. Requirements may vary by lender, but these are the common necessities.

Are There Any Alternatives to Payday Loans?

If you're looking for alternatives to payday loans, consider cash advances, personal loans, or exploring community assistance programs. Each option has its own terms and could potentially offer better terms depending on your needs and eligibility.

What Is the Typical Loan Amount I Can Borrow?

The amount you can borrow with a payday loan varies by lender, but they typically range from $100 to $1,500. It often depends on your income and the specific terms set by the lender.

What Fees Are Associated with Payday Loans?

Payday loans usually come with a finance charge rather than a traditional interest rate. This fee can vary widely, but it translates to a higher annual percentage rate (APR) when compared to other forms of credit.

Do Payday Loans Affect My Credit Score?

Payday loans do not typically affect your credit score unless you fail to repay the loan on time. In such cases, the lender may report the delinquency to credit bureaus, which could damage your credit score.

Can I Extend My Payday Loan Due Date?

Some lenders may offer to extend your payday loan due date, but this often comes with additional fees. It's essential to read the terms and conditions carefully before agreeing to any extensions.

What Happens If I Can't Repay My Payday Loan on Time?

If you cannot repay your payday loan on time, contact your lender immediately. Some may offer a payment plan, but additional fees might apply. Defaulting could result in debt collection attempts and potentially legal action.

Are Payday Loans Regulated?

Yes, payday loans are regulated, but rules vary significantly from state to state. It's crucial to understand your state's regulations regarding payday lending terms, limits, and allowable fees.

How Can I Apply for a Payday Loan?

You can typically apply for a payday loan online or in-person at a lender's location. The application process is straightforward, often requiring basic information about your employment and bank account.

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