How Do Payday & Title Loans Work?
Mid-South Payday and Title Loans makes it quick and easy to get you approved for a payday or title loan, so you can get back to worry about the important things. Come down to one of our convenient locations to fill out an application to see what you’re approved for! Need your money fast? Jumpstart your application process by starting your application online. Click Here to get started!
Loan Approval
Application … Approval … Payment!
If you have an upcoming round of bills or your rent is due, and you just emptied your bank account getting your car fixed or replacing your cell phone after the screen cracked, we’ve got you covered. Don’t let your bills lapse and don’t do without your daily necessities just because payday is a week or two away!
Apply Now for a Payday or Title Loan at Mid-South Payday and Title Loans so you can get fast cash now and cover your necessary expenses.
A payday loan, otherwise known as a cash advance or payday advance, is a short-term loan, generally for $500 or less, that you’ll pay back on your next payday. It provides you with the cash you need now using your payroll or checking account as collateral. These loans are designed to cover short-term financial obligations.
A title loan is a quick and convenient loan that allows you to get money using your car or motorcycle as collateral. Receiving a Title Loan is simple, as long as you own your vehicle and have a title that is lien free.
What You Need
Requirements for Approval
We make it as easy as possible for you to get approved for a loan, however, like all lenders, there are some basic eligibility requirements that you must meet in order to get approved.
When applying for a payday or title loan, we require the following information:
Identification
Proof Of Income
Banking Information
FAQs
We want to keep you informed and provide answers to whatever questions you may have. Below are the most common questions, but if you have any other questions, don’t hesitate to call our nearest location. If you’re ready to get started, fill out our quick online application starter by clicking the button below!
Title Loans
A Title Loan is a quick and convenient loan that allows you to get money using your car or motorcycle as collateral. Receiving a Title Loan is simple, as long as you own your vehicle and have a title that is lien free.
You can get as little as $100.00 or as much as $2,500.00!
Yes! We loan on Cars, Trucks, Vans, SUVs, Motorcycles, ATVs, Boats, RVs and Campers!
Come by any of our convenient store front locations. Click here to see which store is closest to you!
There are three easy ways to apply for a Title Loan at Mid-South Payday and Title Loans.
- Call us at our office location nearest you and speak with one of our loan representatives
- Come into one of our conveniently located store fronts. Click here to see which store is closest to you!
- Start the application process online
Payday Loans
A payday loan, otherwise known as a cash advance or payday advance, is a short-term loan, generally for $500 or less, that you’ll pay back on your next payday. It provides you with the cash you need now using your payroll or checking account as collateral. These loans are designed to cover short-term financial obligations.
To get a Payday Loan, you must first fill out an application in one of our store front locations or you can apply online. Below is the information we require to approve your Payday Loan: Driver’s License, Social Security Card (or proof of SSN), Most Recent Bank Statement or Transaction History, Debit Card, Most Recent Paystub , Piece of Mail to Verify Address
Your Payday Loan will be due on your next pay day, which will correlate with your pay cycle.
Come by any of our convenient store front locations. Click here to see which store is closest to you!
You will owe the principal amount plus fees. Example: If you borrow $425 (principal amount) the fee on that amount is $75. You will owe $500 on your due date. We accept multiple forms of payment to make it convenient for you to pay off your loan.
- Debit Card Payment
- Cash Payment
- Automatic payment from your bank account
Ready to get started?
Start your application online now!
Payday Loan Rates
Below you will find payday loan rates and terms for Tennessee. If you have any questions do not hesitate to contact us.
Maximum Loan Amount
The maximum loan amount in Tennessee is $425.00.
The fee schedule below is for a 14 day loan.
| Loan Amount | Total Fees | Total Due | APR |
|---|---|---|---|
| $50.00 | $8.82 | $58.82 | 459.90% |
| $75.00 | $13.24 | $88.24 | 460.25% |
| $100.00 | $17.65 | $117.65 | 460.16% |
| $125.00 | $22.06 | $147.06 | 460.11% |
| $150.00 | $26.47 | $176.47 | 460.07% |
| $175.00 | $30.88 | $205.88 | 460.05% |
| $200.00 | $35.29 | $235.29 | 460.03% |
| $225.00 | $39.71 | $264.71 | 460.13% |
| $250.00 | $44.12 | $294.12 | 460.11% |
| $275.00 | $48.53 | $323.53 | 460.09% |
| $300.00 | $52.94 | $352.94 | 460.07% |
| $325.00 | $57.35 | $382.35 | 460.06% |
| $350.00 | $61.76 | $411.76 | 460.05% |
| $375.00 | $66.18 | $441.18 | 460.11% |
| $400.00 | $70.59 | $470.59 | 460.10% |
| $425.00 | $75.00 | $500.00 | 460.08% |
Title Loan Rates
Below you will find title loan rates and terms for Tennessee. If you have any questions do not hesitate to contact us.
Maximum Loan Amount
You can borrow in any increment up to the maximum of 2500.00.
The fee schedule below is for a 30 day loan.
| Loan Amount | Total Fees | Total Due | APR |
|---|---|---|---|
| $100.00 | $22.00 | $122.00 | 267.67% |
| $150.00 | $33.00 | $88.24 | 267.67% |
| $300.00 | $66.00 | $366.00 | 267.67% |
| $500.00 | $110.00 | $610.00 | 267.67% |
| $745.00 | $163.90 | $908.90 | 267.67% |
| $900.00 | $198.00 | $1098.00 | 267.67% |
| $1000.00 | $220.00 | $1220.00 | 267.67% |
| $1500.00 | $330.00 | $1830.00 | 267.67% |
| $2000.00 | $440.00 | $2440.00 | 267.67% |
| $2500.00 | $550.00 | $3050.00 | 267.67% |
Somerville
17390 U.S. 64 E
Somerville, TN 38068
(901) 465-1200
Summer Ave
4965 Summer Avenue
Memphis, TN 38122
(901) 818-9477
Family Check Advance-Jackson, TN
600 Old Hickory Ave.
Jackson, TN 38305
(731) 668-6010
Winchester Rd
1680 Winchester Rd
Memphis, TN 38116
(901) 346-1040