Tennessee Quick Cash provides short term lending options including payday loans, title loans, and Flex Loans to Tennessee residents. Online and mobile app available to apply for loans, manage accounts and make payments. Quick access to funds for unexpected expenses but be aware of rates and terms.
Legal name
Tennessee Quick Cash, Inc.
Short name
Tennessee Quick Cash, Inc.
Legal address
5780 Old Hickory Blvd Hermitage, TN 37076
About Lender
Tennessee Quick Cash is a legit financial company that offers quick and easy solutions to people in need of short term loans. Their website is a user friendly platform where you can browse through different loan options and apply online.
Whether you have unexpected bills, medical expenses or other financial emergencies, Tennessee Quick Cash aims to give you a quick and hassle free borrowing experience. They know how urgent financial needs are and they strive to give you fast approval and get the money to you as soon as possible.
Key Features
Fast Approval. They know how urgent financial needs are, Tennessee Quick Cash aims to give you a fast approval. You can expect a simple application process to get you approved and get the money to you fast.
Online Application. Tennessee Quick Cash offers online application. Through their website you can browse through loan options, fill out the required info and submit your application from the comfort of your own home.
Clear Terms. The company discloses loan terms, interest rates and repayment schedules. This way customers can make informed decisions about borrowing and repayment.
Experienced Staff. The team at Tennessee Quick Cash is composed of experienced professionals who will assist you throughout the borrowing process.
Pros and Cons
Pros
Fast and Easy. The lender offers a simple application process, fast approval and quick access to the money, perfect for people with urgent financial needs.
Loan Options. With these loans you can manage repayment terms according to your situation, flexibility and customization.
Online Application. Tennessee Quick Cash online application allows you to apply for loans from the comfort of your own home, time and effort saver.
Cons
High Interest Rates. Short term loans have higher interest rates than traditional bank loans and Tennessee Quick Cash is not an exception. Borrowers should be prepared for higher costs of the loan.
Short Repayment Period. Short term loans are due within a short period of time. Borrowers must make sure they can pay on time to avoid extra fees or penalties.
Borrowing Limits. While Tennessee Quick Cash offers flexibility with their loan amounts, the maximum loan limit may not be enough for people with bigger financial needs.
Reliability
Legal Compliance. The company is operating within the state of Tennessee laws and regulations.
Long Time in Business. Tennessee Quick Cash has been in the lending business for a long time.
Clear Information. The company tries to provide clear information about their loan products, terms, interest rates and repayment schedules.
Customer Reviews. Check customer reviews and testimonials to get an idea of what others have experienced with the company.
How to Apply for a Tennessee Quick Cash Loan?
Visit the Website. Go to the Tennessee Quick Cash website and click "Apply Now."
Enter Basic Information. Fill in your name, email, phone number, and zip code, then click "Continue to Step 2."
Provide Personal Information. Enter your first name, last name, date of birth, Social Security Number, home phone, cell phone, email address, and desired loan amount.
Add Contact Information. Include your address, city, state, ZIP code, months at residence, ownership or rental status, driver’s license or ID number, and issuing state.
Enter Employment Information. Provide your employer or company name, work phone, best time to call, job title, months employed, average monthly income, payment method, pay frequency, and upcoming pay dates.
Add References. List two references with their full names, phone numbers, and relationships.
Complete Legal Checkboxes. Agree to the terms and click "Submit Your Application."
Conditions
Payday Loans. Maximum amount of $425 with an APR up to 460.11%.
Title Loans. Available up to $6,500, using your vehicle title as collateral.
Flex Loans. A line of credit up to $4,000, with an APR of 279.50%.
Terms. Loan terms vary based on the product and borrower's qualifications.
Requirements
Age and Residency. Be at least 18 years old and a resident of Tennessee.
Identification. Provide a valid government-issued photo ID, such as a driver's license or state ID.
Social Security Number. Supply your Social Security Number for verification purposes.
Income Verification. Show proof of a steady income, which can include recent pay stubs or bank statements.
Bank Account. Have an active checking account in your name.
Contact Information. Provide a valid phone number and email address.
Ways to Recieve the Money
After you sign the loan documents, Tennessee Quick Cash will release the funds. The timing of getting the cash will depend on the disbursement method you choose (e.g. direct deposit, in-person pickup) and processing time.
Products
Flex Loans. Open a line of credit with no charge or annual fee. Borrow funds up to your credit limit and pay finance charges on the average daily principal balance for as long as you need the cash. Statements are sent before due date and online account access is available.
Title Loans. Borrow cash based on the value of your vehicle. Keep your vehicle while getting the cash you need.
Check Advance Loans. Get cash until your next payday without credit check. Use for emergency needs or unexpected bills.
Check Cashing & Other Services. Tennessee Quick Cash offers check cashing for various types of checks: payroll, tax, government, money orders, insurance, cashier's, business checks. Free money orders and fax services.
Tennessee Quick Cash may decline loans due to low credit score, insufficient income, high debt-to-income ratio, unstable employment history or incomplete application information. These factors means higher risk of default and loan decline.
To pay Tennessee Quick Cash loan, log in to your online account or mobile app, go to payment section, select your payment method (bank account or debit card), enter the payment amount, confirm and the payment will be processed.
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Editorial Opinion
Tennessee Quick Cash is a quick fix for short term financial needs with online and mobile access to manage loans. While the flexibility and easy application is attractive, borrowers should be mindful of the high APR and repayment terms to make sure the loan fits their financial situation and needs.
Important
Keeping your Debt-to-Income (DTI) ratio below 30-40% of your monthly income is crucial. This will help you avoid potential financial problems in the future. Additionally, always assess the necessity and feasibility of taking a loan, ensuring you can comfortably manage its repayment.
How to Choose a Lender
Make sure to confirm whether the lender is licensed to operate in your state. You can verify this information with your state regulator or attorney general.
Carefully review all the terms and conditions of your payday loan contract.
Thoroughly examine the interest rates on payday loans and ensure that your contract includes a detailed breakdown of the total cost of the loan.
Take advantage of your right of rescission. Usually, you can rescind the loan within three days after signing the agreement. Alternatively, there is typically a "cooling-off" period, which allows you several days to thoroughly review the contract before making an informed decision to enter into a consumer loan agreement based on the terms specified by the lender.
Choosing a payday lender is a significant decision that demands careful consideration and a good understanding of how such organizations operate.
How do you qualify for a Tennessee Quick Cash loan?
To qualify for a Tennessee Quick Cash loan, specific eligibility criteria must typically be met. While the exact requirements may vary, here are some common qualifications:
Age and Residency. You must be at least 18 years old and a resident of Tennessee to be eligible for a Tennessee Quick Cash loan. Proof of age and residency may be required.
Income and Employment. You are generally required to have a stable source of income. This can include employment income, government benefits, or other regular income sources. Proof of income, such as recent pay stubs or bank statements, may be required.
Bank Account. You will usually need to have an active checking account in your name. This is necessary for loan disbursement and repayment purposes.
Identification. You will need to provide a valid form of identification, such as a driver's license, passport, or state-issued ID.
Contact Information. You will be asked to provide your contact information, including a valid phone number and email address.
It's important to note that meeting these basic qualifications does not guarantee loan approval. Additional factors, such as credit history and affordability, may also be considered during the loan application process.
How much can you borrow from Tennessee Quick Cash?
At Tennessee Quick Cash, borrowers can access different loan amounts depending on the loan product they choose. Here is an overview of the borrowing limits for each loan type:
Flex Loans. With a Flex Loan, borrowers can access up to $4,000. The actual loan amount will be determined based on factors such as creditworthiness, income, and other eligibility criteria.
Title Loans. Tennessee Quick Cash offers title loans, which allow borrowers to leverage the value of their vehicle. The loan amount for title loans can vary based on the value of the vehicle. It can range as low as $100 and go up to $2,500. In certain cases, borrowers may be eligible for up to $6,500 based on the value of their vehicle.
Check Advance Loans. Check Advance Loans offered by Tennessee Quick Cash provide cash up to $425. These loans are designed to help borrowers meet their immediate financial needs until their next payday.
It's important to note that the specific loan amount you qualify for will depend on various factors, including your creditworthiness, income, and the specific loan product you choose. Loan amounts may also be subject to state regulations and guidelines. It's advisable to contact Tennessee Quick Cash directly or visit their website for more detailed and accurate information regarding specific loan amounts available to you.
Does Tennessee Quick Cash approve everyone?
While Tennessee Quick Cash considers applicants with bad credit or no credit history, it does not guarantee approval for everyone. While Tennessee Quick Cash may have more lenient credit requirements compared to traditional lenders, they still evaluate various factors when assessing loan applications. These factors typically include income, employment status, repayment ability, and other relevant eligibility criteria.
Having bad credit or no credit history may affect the approval decision or the terms of the loan, such as the interest rate and borrowing limit. However, Tennessee Quick Cash aims to provide access to fast and easy cash loans, even for individuals with less-than-perfect credit.
It's important to note that each loan application is assessed on a case-by-case basis, taking into consideration the individual's unique circumstances and the specific lending policies of Tennessee Quick Cash.
Is Tennessee Quick Cash a legitimate company?
Yes, Tennessee Quick Cash, Inc. is a legitimate company. They are a registered and licensed financial service provider operating in Tennessee. They have been offering short-term loans and financial services for a number of years, and they have physical locations throughout the state.
Tennessee Quick Cash, Inc. follows the regulations and guidelines set by the state of Tennessee to ensure compliance with legal requirements for lending and financial operations. They adhere to industry standards and strive to provide transparent and responsible lending practices.
However, it's always a good idea to exercise caution and conduct your own research when engaging with any financial service provider. Before applying for a loan or using any financial service, it's advisable to review the company's terms and conditions, understand the associated costs, and assess whether their services align with your specific needs.
Is Tennessee Quick Cash a good lender?
Considering the information provided by Tennessee Quick Cash, there are several factors to consider when determining if they are a good lender:
Licensing and Compliance. The fact that Tennessee Quick Cash states they are fully licensed and in compliance with the laws of the State of Tennessee indicates that they operate within the legal framework and adhere to the regulations set by the state.
Industry Experience. The company claims to be an industry leader specializing in fast and easy Cash Loans. Their experience and prominence in the industry may suggest that they have a strong track record and are well-versed in providing the services they offer.
Loan Variety. Tennessee Quick Cash offers multiple loan options, including Flex Loans, Check Advance Loans, and Title Loans. This variety provides borrowers with different options to meet their specific needs and financial situations.
