Hermitage 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 Hermitage

Eligibility Criteria for Personal Loans

  • Valid Identification: A government-issued ID is necessary to verify your identity.
  • Proof of Income: Recent pay stubs or bank statements to demonstrate financial stability.
  • Bank Account: An active bank account is required for the transfer of funds.
  • Contact Information: Provide a current phone number and email address.
  • Minimum Age: Applicants must be at least 18 years old.
  • Residency: Must be a resident of the area serviced by the NGO.

Trusted Short-term Loan Lenders in Hermitage, TN

Discover a network of trusted payday loan lenders, dedicated to providing quick and reliable financial solutions, ensuring transparency and support for your short-term financial needs.

Lender
User Ratings
Address
Phone
Category
Advance America
User Raiting:
5.00
Address: 4030 Lebanon Pike, Hermitage, TN 37076
Phone: +1 (615) 885-6595
Category: Financial institution
World Finance
User Raiting:
5.00
Address: 4723 Andrew Jackson Pkwy C, Hermitage, TN 37076
Phone: +1 (615) 885-0400
Category: Loan agency
Advance Financial
User Raiting:
4.80
Address: 4827 Lebanon Pike, Hermitage, TN 37076
Phone: +1 (615) 510-3332
Category: Loan agency
Check Into Cash
User Raiting:
4.80
Address: 4696 Lebanon Pike #31, Hermitage, TN 37076
Phone: +1 (615) 883-7550
Category: Loan agency
OneMain Financial
User Raiting:
4.20
Address: 5528A Old Hickory Blvd, Hermitage, TN 37076
Phone: +1 (615) 889-0050
Category: Loan agency

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

Explore viable financial alternatives to payday loans that offer lower interest rates and more manageable repayment terms, providing a safer path to financial stability and peace of mind.

Installment Loans Quick

Installment loans offer borrowers a defined sum repaid in scheduled payments over time, providing reliability through steady obligations.

Emergency Loan Instant

Emergency loans provide immediate access to cash during crises, ensuring crucial expenses are met without delay or hassle.

Title Loans Guaranteed

Title loans use your vehicle as collateral, offering a way to access funds swiftly with the assurance of asset value as security.

Payday Loans Online

Online payday loans facilitate short-term financial needs quickly, providing fast access to funds with minimal paperwork often required.

Cash Loans No Credit Check

No credit check cash loans provide quick financial solutions without scrutinizing your credit score, offering a lifeline when credit history poses challenges.

P2P Loans Fast

Peer-to-peer loans connect borrowers directly with lenders online, providing a fast alternative to traditional lending by cutting out intermediaries.

Debt Consolidation Loans Online

Online debt consolidation loans simplify multiple debts into one manageable payment, potentially reducing interest rates and enhancing financial control.

Bad Credit Loans Instant

Instant bad credit loans offer financial solutions to individuals with low credit scores, ensuring access to needed funds despite credit limitations.

How to Apply for Online Short-term Loans in Hermitage

Research Lenders

Start by researching various online payday lenders. Look for reviews, ratings, and feedback from previous borrowers to gauge their reputation. It’s crucial to confirm that the lender operates legally in your area and has a clear, transparent process. Compare interest rates, fees, and repayment terms among multiple lenders. Make sure the lender is registered and licensed, which provides some level of consumer protection. Gathering all this information will help you choose a reputable and suitable lender for your needs.

Check Eligibility Criteria

Before applying, carefully read and understand the eligibility criteria of the lender. Most payday loan providers offer loans to individuals who are over 18, have a stable income, and hold an active bank account. Lenders might also request proof of residency. Ensuring that you meet these requirements increases your chances of approval and speeds up the application process. Pay attention to any specific conditions or documents the lender requires you to submit during the application phase.

Prepare Necessary Documentation

Gather necessary documents before starting your application. You may need a valid ID, proof of income like a recent paycheck stub, proof of residence such as a utility bill, and bank account details to complete the process. Having these documents organized and ready can simplify and expedite the application. Some lenders may allow you to submit these documents electronically, so scan or photograph them to ensure they are clear and legible for online submission.

Complete Online Application

Proceed to fill out the online application form on the lender's website. Ensure all the information you provide is accurate and up-to-date, as discrepancies could delay the process or result in rejection. You’ll need to input personal, employment, and banking details. Some applications might explicitly ask for the loan amount you need. Double-check all the information before submission, paying particular attention to contact details, to ensure it matches your documents.

Review Loan Agreement

Once your application is processed, the lender will provide a loan agreement specifying terms, conditions, and repayment details. Carefully review this document to understand all facets of the loan, including the interest rate, fees, and repayment schedule. Look for any hidden charges or clauses that might affect you later. Don’t hesitate to ask questions if something is unclear. Signing the agreement signifies your acceptance of the terms, so ensure you fully understand and agree to them.

How to Use Short-term Loans - Useful Resources

Explore essential resources on utilizing personal loans effectively. Learn strategies, tips, and tools to manage short-term financial needs responsibly and maximize benefits. Empower your financial decisions today.

Industry
Address
Phone
Car Wash
Address: 5004 Old Hickory Boulevard, Hermitage, TN 37076
Phone: +1 (615) 391-0163
Dentist
Address: 4011 Lebanon Pike, Hermitage, TN 37076
Phone: +1 (615) 285-3995
Do-It-Yourself Centers
Address: 5010 Old Hickory Boulevard, Hermitage, TN 37076
Phone: +1 (615) 889-7211
Doctor
Address: 4777 Andrew Jackson Parkway, Hermitage, TN 37076
Phone: +1 (615) 515-9921
Fast Food
Address: 4744 Lebanon Pike, Hermitage, TN 37076
-
Hospital
Address: Hermitage, TN 37076
Phone: +1 (615) 541-1600
Hotel
Address: 3641 Central Pike, Hermitage, TN 37076
Phone: +1 (615) 964-6484
Museum
Address: 4633 Chandler Road, Hermitage, TN 37076
-
Pharmacy
Address: 4343 Lebanon Pike, Hermitage, TN 37076
-
Rent-a-Car Facility
Address: 3986 Central Pike, Hermitage, TN 37076
Phone: +1 (615) 871-0391
Shopping Center
Address: Old Hickory Boulevard, Hermitage, TN 37076
Phone: +1 (615) 889-3200
Veterinarian
Address: 3423 Lebanon Pike, Hermitage, TN 37076
Phone: +1 (615) 874-2255

How to Get to Hermitage

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 Hermitage

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 Can I Qualify for a Payday Loan?

Qualifying for a payday loan generally requires a stable source of income, a valid bank account, and proof of identity. Most lenders do not require a stellar credit score, making it a viable option for those with bad credit.

How Fast Can I Get the Funds After Applying for a Payday Loan?

Payday loans are designed as short-term, fast loans to address urgent financial needs. Once approved, you can expect funds to be deposited into your account almost instantly, typically within one business day.

What Are the Typical Interest Rates for Payday Loans?

Interest rates for payday loans can be higher than traditional loans due to their short-term and personal nature. It's crucial to review all terms and conditions before proceeding to ensure you understand the cost structure.

Can I Apply for a Payday Loan if I Have Bad Credit?

Yes, you can apply for a payday loan even with bad credit. These loans focus more on your income and ability to repay rather than your credit history, making them accessible to a wider range of people.

Can I Use a Payday Loan for Any Type of Expense?

Payday loans, also known as cash advances, are often used for unexpected expenses and emergencies. Although you can technically use them for any purpose, it's wise to reserve them for urgent financial needs due to their higher costs.

Is There a Risk of Getting Trapped in a Payday Loan Cycle?

Due to the high-interest rates and short repayment terms, there is a risk of falling into a cycle of debt. It's important to carefully evaluate your financial situation to ensure you can repay the loan on time to avoid rolling it over repeatedly.

What Happens if I Can’t Repay My Payday Loan on Time?

If you cannot repay your payday loan by the due date, you may incur additional fees and interest. It’s crucial to contact your lender as soon as possible to discuss potential repayment plans or extensions.

Are Payday Loans Available Online?

Yes, payday loans are widely available online, offering a convenient way to apply for a personal cash advance from the comfort of your home. Ensure you’re dealing with a reputable lender by checking their reviews and credentials.

How Does a Payday Loan Affect My Credit Score?

While payday loans are generally not reported to credit bureaus, failing to repay can result in collections, which may negatively affect your credit score. It's vital to consider the implications of non-repayment on your credit health.

Can I Have Multiple Payday Loans at the Same Time?

Having multiple payday loans at once can be risky and may lead to increased financial distress. It is generally advised to borrow responsibly, keeping in mind your ability to repay on time while managing other financial obligations.

What Should I Consider Before Taking Out a Payday Loan?

Before obtaining a payday loan, assess your financial situation, interest rates, and repayment capabilities. Consider seeking alternative options to ensure the loan aligns with your financial well-being.

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