Payday Loans Tennessee – 5 Best Online Payday Loans in Tennessee in 2021

Perchance you need to pay some bills as soon as possible, but you are short on cash at the moment. Unfortunately, banks and other well-known financial institutions cannot come to your aid due to their lengthy and cumbersome lending processes. The good news is that you can take advantage of Tennessee payday loans to get quick cash to settle your bills.

But what are Tennessee loans? What is the maximum amount you can borrow in the state? Are there are some payday loan restrictions you must note? These are a few of the questions that this article will answer in detail.

Best Tennessee Payday Loans – Top 5 Option

  • Viva Payday Loans – #1 Loan Provider for those with Bad Credit. Visit now.
  • Credit Clock – Best for Quick Approvals. Visit now.
  • Money Lender Squad – Good for No Guarantors. Visit now.
  • Very Merry Loans – Best for Same-Day Payouts. Visit now.
  • Heart Paydays – Best for Low APR. Visit now.

What are Tennessee Payday Loans?

Tennessee payday loans are short-term, high-interest loans that lenders offer to borrowers. Although no guarantor is required for this loan type, it is usually based on your income. As a result of this, the principal is expected to only be a portion of your next monthly paycheck.

Tennessee is one of the first states where the payday loan started in the U.S. and has some of the stringent rules for it. According to Tenn. Code Ann. 45-17-101, the maximum amount you can borrow is $500. However, there are a few online lenders that tend to offer more loan amounts in installments. Besides, a Tennessee payday loan term must not exceed 31 days.

Common Uses of Tennessee Payday Loans

When getting a Tennessee loan, you can use the borrowed amount for anything you want. The most common uses of Tennessee loans are:

  • Car repair/maintenance
  • Medical emergencies
  • Payment of tax owed
  • New appliances
  • Payment of rent, utilities, credit card bills, and other recurring expenses
  • Home improvement
  • Mortgage repayment
  • Debt consolidation

How to Qualify for Tennessee Payday Loans (Eligibility Criteria)

If you would like to obtain a fast payday loan in Tennessee, you should meet the following eligibility criteria:

  • Be at least 18 years old
  • Be a legal resident of Tennessee
  • Have a permanent job that pays you at least $1,000 every month
  • Have an active checking account
  • Have a Social Security Number (if you want to get the loan online)
  • Have an active email address and phone number

Notably, some online lenders may be willing to provide loans without some of these criteria.

Best Tennessee Payday Loans – Fully Reviewed

Even though lots of lenders are available online, it can be quite challenging to find the best deals. To help you, here are the reviews of the best 5 Tennessee loan providers:

1. Viva Payday Loans – Best for Bad Credit Payday Loans

Do you want to get a Tennessee payday loan with a bad credit score? If yes, is your best bet. Generally, this platform serves as a link between borrowers and direct lenders. In other words, borrowers will submit their applications on with all necessary documents.

The application will be processed by the platform to find a suitable lender. Afterward, the borrowers will be connected with lenders that are willing to offer them payday loans. Within the same day, you can get a payday loan from Viva Payday Loans to settle your emergency needs. However, you should note that you are not under any obligation to accept any loan offer from a lender.

Apart from bad credit loans, Viva Payday Loans also offer no credit check loans, unemployed loans, and lots more.

Because works with different lenders, the APR rate, loan term, loan amount, fees, and so on vary greatly. So, you need to check out the particular offer of a lender to know the terms.

The details of loans from some lenders on are:

  APR Rate Loan Amount Range Loan Term Range Star Rating
LendUp 30% – 180% $100 – $500 2 to 24 months 10/10
Rise Credit 50% – 299% $500 – $5,000 2 to 24 months 10/10


  • Easy and quick online loans guaranteed
  • Application processed within a few minutes
  • Available for lots of people above 18 in Tennessee
  • Partners with lots of payday lenders such as Rise Credit and LendUp
  • Available for individuals with no or bad credit.


  • High interest rates
  • Not a direct lender
  • Not available in some states such as Arkansas, Minnesota, Vermont, South Dakota, Indiana, New York, and West Virginia.

As shown above, Viva Payday Loans uses a simple yet effective system to help borrowers find the best lenders. This loan portal works with tons of lenders that ensure that you can get a payday loan as quickly as possible.

2. Credit Clock – Best Options for No Guarantors

If you want to get quick approval for your Tennessee payday loans, you shouldn’t hesitate to get in touch with It caters to the needs of individuals with no checks, bad credit, etc. But if you have a good credit score, you can also use the services of the lenders on Credit Clock.

Generally, the direct lenders on are capable of offering you a payday loan of about $200 to $5,000. Regardless of the amount you want to borrow, has a top-of-the-range system that ensures that your application is processed quickly. If you are eligible for the loan, lenders will approve your application. In less than 24 hours, you can get the money in your bank account.

Like Viva Payday Loans, the APR, long term, loan amount, and fees on vary from one lender to another. Check out the following examples of loans from some lenders on Credit Clock:

  APR Rate Loan Amount Range Loan Term Range Star Rating
GreenDay Depends on the amount borrowed $100 – $5,000 24 months 9/10
OppLoans 5.99-35.99% $500 – $4,000 9 to 18 months 10/10



  • Quick application and approval process
  • Payment of loan into borrower’s account within 24 hours of submitting the application
  • Recommended for people with good, bad, or no credit score.


  • Not available in lots of states
  • No contact with direct lenders
  • Costly repayment option.

Credit Clock is another great lending platform for borrowers that seem to have run out of loan options. Even with bad credit or no credit check, can service your need with a quick loan.

3. Money Lender Squad – Best for No Credit Check

Money Lender Squad is generally known for being a trustworthy portal for getting a loan with a low APR. With the help of its various associated lenders, this loan portal can assist you to get a payday loan of around $100 to $5,000.

The system of makes it easy for everyone to get Tennessee payday loans. However, the platform neither makes rules about the loan terms nor provides the loans directly.

When using the services of, no guarantor or collateral is needed. All you have to do is to submit your application with all essential supporting documents. Money Lender Squad will send your application to numerous lenders, and one of them will approve it. Once your loan is approved, you can reach an agreement with the lender and get the money in less than 24 hours.

Here are a few examples of loans from

  APR Rate Loan Amount Range Loan Term Range Star Rating
Rise Credit 89% – 449% $300 – $3,500 2 to 24 months 10/10
OppLoans 99% – 160% $500 – $4,00 2 to 48 months 10/10



  • Easy-to-use and intuitive interface
  • Availability of extended loan terms for interested borrowers
  • No guarantor required to get a loan
  • No hidden or extra charges
  • Partnership with numerous leading lenders in the US.


  • High interests for individuals borrowing with lower credit scores
  • Not available in some states such as New York, South Dakota, New Hampshire, etc.
  • Not a direct lender

Money Lender Squad is one of the best loan portals for getting a payday loan in Tennessee. Although the interest rates of the loans on this loan portal can be high in some cases, it can provide the temporary financial assistance you need.

4. Very Merry Loans – Best for Same Day Payout Loan

Like other online loan portals on this list, makes it easy for borrowers to find lenders. Very Merry Loans specializes in providing same-day payouts; hence, you don’t need to wait for an extended period before obtaining a loan via this platform. Although Very Merry Loans does not give you a loan directly, it ensures that several lenders can see your application and consider you for a loan.

As a borrower, you only need to complete an application on and submit some required documents. From there, the platform will handle other processes involved in assisting you to get a payday loan. Depending on your eligibility and the interested lenders, this online loan portal can assist you to get a loan of around $200 to $2,000. But you must note that your loan is not guaranteed even if you meet the eligibility criteria. is quite different from many other online loan portals. This is because it also services the needs of the unemployed, freelancers, and others with non-traditional incomes.

Check out an example of loans from

  APR Rate Loan Amount Range Loan Term Range Star Rating
CashNet USA Depends on the state and the amount borrowed $500 – $1,000 8 – 31 days 9/10



  • An intuitive website that can be used by anyone
  • Available for people with traditional or non-traditional income streams
  • Extended loan repayment periods for interested borrowers
  • Available for people that want no checks of credit score.


  • High interest rates for extended loan terms of 30 days or more
  • Only for individuals making $1,000 or more per month
  • Not available in some states

Very Merry Loans has been able to provide Tennessee loans to lots of individuals with bad credits, non-traditional income streams, or no employment. Its same-day payouts guarantee that you can get a quick, temporary financial relief.

5. Heart Paydays – Best for Payday Loans With Fast Approval

Heartpaydays is a loan portal that eases the process involved in getting a loan in Tennessee and other states in the U.S. By using the services of this platform, you don’t have to jump from one direct lender to another.

Basically, if you want to get a payday loan from Heart Pay Days, you need to sign up on the platform. Then, you have to complete a form on the website with your personal information and other support documents. Within 5 minutes, you can complete your application and start waiting for lenders to approve your loan.

After a lender has approved your loan, the portal will send you a notification so that you can accept or reject the offer. Once accepted, the lender will send the money to you within 1 to 24 hours. doesn’t limit the type of people that can use its services. So, whether you are employed, unemployed, living on government benefits, or earning through a non-traditional income stream, you can use this portal.

Notably, works with numerous lenders such as LendUp and ACE Cash, but each lender offers different packages.

Check out this example of loans from one of the lenders on

  APR Rate Loan Amount Range Loan Term Range Star Rating
ACE Cash As high as 35.99% Up to $5000 Up to 24 months 9/10



  • Partnership with tons of trusted lenders in the U.S.
  • Quick loan within 60 minutes or more
  • The process can be completed 100% online
  • Low APR
  • Recommended for both traditional and non-traditional income earners
  • Higher loan approval rates than most other options.


  • Expensive loan options
  • Not a direct lender.

If you want to avoid exorbitant APR when getting a loan in Tennessee, can help you. This online loan portal offers loans to everyone irrespective of their employment status. Its payout is fast, reliable, and easy.

It is important to remember that the examples for each online loan portal are just the overview of their loan options. However, in Tennessee, you may not be able to get more than $500 as a payday loan due to the state’s strict regulation.

Features of Tennessee Payday Loans

In Tennessee, these are the features of payday loans:

Short loan terms

Based on the state regulations, the maximum loan term in Tennessee is only 31 days. However, there is no minimum loan term. In other words, you can get the small loan for any period from 0 to 31 days before it will be due for repayment.

Limited outstanding loans

If you are getting a payday in Tennessee, you can only get three outstanding loans, which must never exceed the maximum loan amount of $500. However, you can only get a maximum of two outstanding loans from a single lender. Therefore, to get three outstanding loans, you can get two loans from the first lender and one from the other lender.

High interest and annual percentage rates

Expectedly, the interest and annual percentage rate (APR) of Tennessee payday loans are high. If you are getting a 14-day loan in Tennessee, the APR can be as high as 460%.

Easy and quick access

Getting a payday loan is fast and straightforward. This is because you don’t have to submit as many documents as required for a mortgage, title loan, business loan, etc. In many cases, you can apply for the loan online from the comfort of your home and receive the money within 24 hours.

Multiple repayment options

There is no restriction for the methods you can explore to repay your payday loans. Depending on your choice, you can use an online payment gateway, direct bank debit, post-dated check, next payday check, etc.

Nevertheless, all lenders are the same. So, before getting a loan from a lender, make sure you inquire about their repayment option.

Types of Payday Loan

Bad Credit Loans

Typically, banks and other financial institutions will not offer you loans if your credit score is bad. However, lots of online direct lenders don’t discriminate because of credit scores. As long as you are eligible for the loan, they are always within your reach to offer you a payday loan.

No Credit Check Loans

Most loans will require the lenders to check your credit history. For some people, this is too prying and disturbing. Fortunately, they can get loans with no credit check. As expected, the loan amounts are usually small, but they are large enough to take care of your utility bills, rent, car repairs, etc.

Since this loan involves no checks of credit history, it is also recommended for individuals with no or poor credit scores.

Direct Lenders Loans

Even though loan portals can assist you to connect with lenders, you don’t necessarily need to use their services. This is because you can get in touch with direct lenders to get a Tennessee payday loan. For this loan, the lending process will be between you and the lender without any interference from a third party.

Same Day Deposit Loans

Same day deposit loan is a loan that enables you to apply, get approval, and receive the money on the same day. Although a few lenders may send the money to you within 60 minutes of getting approval, others will take a few hours before depositing it.

Unemployed Loans

If you don’t have a job but need a payday loan, numerous lenders are willing to help you. These lenders understand that many individuals don’t have traditional jobs but are making money through other legitimate means. So, they are always available to offer you loans despite your employment status.

Before getting this loan, you need to submit documents that show your income source. The source can be child support and alimony, dividends, trust proceeds, freelance earnings, rental income, disability income, or veteran affair benefits.

SSI Benefits

In the U.S., tons of individuals are living on SSI monthly payments. Generally, these payments are for the elderly over 65 years old as well as people suffering blindness or other forms of disability. So, if you fall into this category of people, you can get loans for SSI benefits. These loans are usually small, affordable, and easy to repay. Nevertheless, it can come in handy when you are dealing with emergency financial issues.

Payday Loans vs. Title Loans

Payday loans can be simply regarded as a small amount that a person borrows from a lender until they get their next paycheck. This short-term loan usually comes with a high interest rate. However, you don’t have to use any of your possession as collateral before obtaining a payday loan.

Like a payday loan, a title loan is also a short-term loan. Nevertheless, your vehicle will be used as collateral for the loan. So, if you have difficulties with repaying the borrowed money, the lender can sell your vehicle to recover the money.

Advantages and Disadvantages of Tennessee Payday Loans



  • Fast loan application, approval, and pay-out
  • Fewer eligibility requirements
  • Can be obtained even if your credit score is bad
  • Available for people with no traditional job.


  • High interest rates
  • High APR.

How to Get Payday Loans from Viva Payday Loans

Step 1: Visit Viva Payday Loans

If you need a payday loan from Viva Payday Loans, go to

Step 2: Complete Online Application Form

From the comfort of your home or office, complete an application form on the website. Make sure you submit supporting documents such as:

  • Your name, email address, home address, phone number, and date of birth
  • The amount you want to borrow and why you need it
  • Your credit profile
  • Your source of income and the information of your current employer
  • Your bank account information
  • More information about your income – specific monthly income, next payday, and method and frequency of payment.

Step 3: Get your Decision

Viva Payday Loans will send your information to different lenders. Within some minutes or hours, you will get a notification about the approval or non-approval of your loan.

Step 4: Receive your Loan

Lastly, the loan amount will be sent into your bank account by the lender.

Request Your Payday Loan at our Top Rated Provider – Viva Payday Loans



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About Jayme Wium PRO INVESTOR

Jayme is a professional freelance writer specializing in personal finance, business, nutrition, botany and mental health. She has studied extensively in these fields and spends a considerable amount of her time creating content to help simplify complex concepts for the everyday person.