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Tennessee Title Loans

In Tennessee, your automobile can be a valuable tool to obtain the financial assistance you need! Here at LoanCenter, we consider your vehicle as a form of collateral to secure a loan. The beauty of it is that you don’t have to hand over your car keys to get the loan. As long as you maintain your monthly payments, you can continue driving your car. Moreover, timely payments can potentially help enhance your credit score.

Couple receiving car keys from a loan specialist

Check Your Car's Value Today

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Understanding How Car Title Loans Operate

It is important to mention that credit scores are not the only criteria for eligibility, making it an ideal option for those with low credit ratings. If you are a vehicle owner, have an income source, and can demonstrate repayment capacity, you may qualify for an auto title loan.

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Car dealer and customer reviewing documents

Your vehicle’s value is a major determinant of your loan amount in Tennessee.

Your car acts as collateral to guarantee the loan.

With LoanCenter, you can keep using your car and could even improve your credit score!

Your vehicle can help you get the cash you need!

Decoding a Car Title Loan

Standard loans typically involve a credit check, financial history, existing debts, and employment history to assess if you would be a reliable borrower. However, car title loans operate slightly differently. Once approved, an auto title loan provides you with cash that you can utilize as you please1. It is your vehicle’s value, more than your financial history, that primarily determines your loan amount.

Couple and loan specialist reviewing paperwork next to a vehicle

Why Choose a LoanCenter Title Loan?

We pride ourselves on always considering the “big picture” of a borrower and attempting to offer loans to people with great credit and poor credit.

Title loans are easier to qualify for because your vehicle is used as collateral for the loan!

Our application process is fast and simple, and you could receive your money rapidly

We provide competitive rates for car title loans, usually even lower than what our competition can offer.

At LoanCenter, we are committed to considering the “broader picture” of a borrower, offering loans to those with both excellent and poor credit scores in Tennessee. Our auto title loans are easier to qualify for because your vehicle serves as collateral! Our application process is swift and straightforward, and you could receive your cash quickly3. We offer competitive rates for car title loans, usually even lower than our competitors. Whether you’re facing financial difficulties or need some extra cash, LoanCenter is your go-to solution. Give us a call today, and let’s see how we can assist you. We aim to surpass our competitors’ rates and get you the cash you need. Let’s put your vehicle to work for you in Tennessee.

Our Auto Loan Process

You may be eligible to borrow money against the equity in your car. With a car title loan, you can borrow cash by applying for a title loan. If you accept your loan offer, you will be approved for a title loan. Finding out how much you qualify for is fast, easy, and free! Find out how much you can borrow by submitting your loan application.

1

Get Pre-Qualified

Fill out the form or call us at (866) 553-3840

2

See Your Offers

Let one of our LoanCenter Loan Officers show you how much you qualify for.

3

Submit Docs

Submit all your documents and finalize your loan paperwork

4

Get Your Cash!

Receive your cash—it’s
really that easy!

Tips to Speed Up Your Cash Approval

If you want to get approved quickly:

Make sure the loan documents you provide about your vehicle are as accurate as possible.

Make sure you submit all of the required documentation with your application

In general, you should expect to provide proof of identification, title to your vehicle, and proof of ability to pay.

To expedite approval, ensure all loan documents and vehicle information are accurate and complete. Don’t forget to submit all the necessary documents with your application. Typically, you’d need to provide proof of identification, car title, and evidence of repayment capability. This will help us figure out the maximum amount you can borrow in Tennessee. One of our friendly loan officers will get in touch with you once we receive your information.

If you prefer to find out your qualifying amount over the phone, call us toll-free at (866) 553-3840. We are here to assist you every step of the way! If you are fine with the loan amount and want to proceed with the car title loan, your loan officer will guide you through the remaining paperwork. For a complete list of required documents, it’s best to speak to a LoanCenter representative. Start gathering these documents now to expedite your application process. This way, we can swiftly review and make a credit decision on your car title loan application.

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Frequently Asked Questions

Everything you need to know

Thousands of borrowers have used LoanCenter to compare real offers — here’s what they’re saying.

Alternatives include payday loans, personal loans from banks and credit unions, credit card cash advances, and borrowing money from friends or family.

Yes, some lenders offer refinancing options for title loans.

Generally not. Most lenders require a clear title.

The APR varies, but it’s typically high due to the unsecured nature of the loan. It could range from 25% to 300% or more.

It’s possible to obtain a second title loan using a different vehicle. However, having multiple loans can make repayment more challenging.

Yes, in most cases, but the process may differ, and additional documentation may be required.

The lender will need to appraise the vehicle, so it must be present at the time of application.

Some lenders may consider your application if you can provide proof of an alternative income source.

This depends on the lender. Some might charge a penalty, others don’t.

Most lenders will accept cars, trucks, motorcycles, RVs, and even boats as long as they have clear titles.

If all of the required documents are in order, the process can take as little as 30 to 60 minutes.

Yes, you can continue driving your vehicle while repaying the loan.

Not necessarily. Title loans are asset-based, so the focus is more on the value of your vehicle than your credit history.

Usually, after approval, you can get money on the same day or the next business day.

If the loan isn’t repaid, the lender has the right to repossess your vehicle and sell it to cover the debt.

The loan amount depends on the value of your vehicle. Some lenders may provide up to $2,500, while others may offer up to $25,000.

Yes, some lenders offer online applications for title loans. However, the vehicle and title may need to be inspected personally before the loan is approved.

Most lenders require a clear title of your vehicle, proof of income, a valid ID, and in some cases, a few references.

A borrower approaches a Title Loan lender, who estimates the value of the vehicle and offers a loan based on that estimated value. The lender then keeps the vehicle title as collateral until the loan is repaid.

Tennessee Title loan is a short-term loan in which the borrower’s vehicle title is used as collateral. It allows vehicle owners to use their asset to get immediate cash.

Yes. You can have a co-signer on your car title loan. The co-signer will need to sign a credit application and provide identification, proof of residence, and proof of income. We keep all non-public personal data private and will not let the borrower see the co-signer’s data and vice versa.

The interest rates vary depending on the state of residency of the borrower, creditworthiness, collateral, and the terms agreed to. The annual interest rates vary between 34.99% and 157.99%. For a typical loan of $4,000 with an 80% annual percentage rate and a 24-month term, the monthly payment is $338.61, the total scheduled interest is $4,126.87, and the total of payments is $8,126.64. The interest on the loan may vary depending upon the timing of the payments made.

For Utah residents only please click here to see our Utah Fee Schedule.

For Missouri residents only please click here to see our Missouri Fee Schedule .

Absolutely! One of the benefits of a car title loan is that you can keep driving your car while the loan is outstanding.

Yes. We may offer a loan if you have lost or misplaced the vehicle’s title.

Yes. We can offer a loan if more than one name is on the vehicle’s title.

In general, the car needs to be worth more than the amount of money you borrow. It takes only a few minutes to find out how much you can borrow, and there is no charge and no obligation to find out.

The amount you are approved for will depend on several factors, including:

  • Your Car’s Value
  • State Laws
  • Your Income
  • Type of Vehicle

A car title loan is a personal loan that is secured by the borrower’s vehicle. The loan amount is based upon the vehicle’s value and the borrower’s ability to repay, making your credit score a less important factor. The borrower gets to keep driving the car while the loan is outstanding.