Car Title Loans

  • Get up to $25,000 online
  • No credit checks required
  • No store visit required
  • Keep driving your car while making payments
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Won't affect your credit score

Online title loans in Tennessee

Get the money you need without the hassle. Sound Financial makes applying online for a title loan in Tennessee simple, safe, and secure.

Instant decisions

Apply online and get an instant decision within seconds.

Same-day funding

Get your funds deposited in your account as soon as today.

Secure application

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Tennessee rates and terms

Full transparency is our goal at Sound Financial. Get access to the interest rates and terms to help you make a sound financial decision.

Loan amount

$200 - $25,000

Repayment term

30 - 180 days

APR range

36% - 350%

* Loan amount, repayment term, and APR shown are for representative purposes only. Your actual rates and terms will be determined by your lender based on your creditwortiness and other factors.

How title loans work in Tennessee

Struggling to make ends meet in the Volunteer State? You’re not alone. From Nashville to Gatlinburg, Memphis, and Chattanooga, more and more Tennesseans find that they need to rob Peter to pay Paul.

There’s good news. A title loan could be just what you need. Designed to offer fast cash to those who need a quick infusion, there’s no credit check, and you can apply online in just minutes. Not sure if this is the right option for you? Let’s explore title loans a little more.

What is a title loan?

Title loans are short-term financial tools designed for people who either don’t qualify for traditional financing because of low or no credit or who want to avoid dealing with banks in the first place.

These loans are flexible, let you borrow up to $25,000 depending on your vehicle. However, title loans are an expensive form of short-term credit that puts your vehicle on the line.

Learn: Can you get a title loan with bad credit?

Tennessee title loan requirements

Applying for a car title loan online is simple. You’ll just need a few things, including:

  • A Tennessee driver’s license or state-issued ID
  • A lien-free vehicle title
  • Proof of income
  • Proof of residency in Tennessee
  • A running vehicle

Learn: Can I get a title loan without the title?

Pretty simple, right? In addition to those four things, you must also be at least 18 years old and not an active-duty member of the US military.

The title loan process

While banks and credit unions make you jump through hoops to take out a personal loan, getting a title loan is pretty simple. You just need to complete these six steps:

1. Application

The first step is to apply for your title loan, which will take just a few seconds and requires some basic information, like your name and address.

2. Verification

You’ll need to submit a little further information about the vehicle, and we’ll run a quick check to verify ownership.

3. Inspection

Next, the lender will proceed with a vehicle inspection to determine your car’s value and assess the maximum loan amount your able to borrow.

Learn: Can you get a title loan with a damaged car?

4. Agreement

The lender will send you a digital loan agreement that explains the loan amount, interest rates, repayment terms, and other important information. You just need to sign it and send it back.

5. Disbursement

Your funds will be deposited right into your bank account. Some lenders offer the option to send your money in other ways if you prefer.

Learn: Can you get a title loan without a bank account?

6. Repayment

You make your preset payments and pay back the loan over time. Once your loan is paid in full, you'll get your title back from your lender.

Learn: What happens if you don’t pay a title loan back?

How title loans are regulated in Tennessee

Title loans in Tennessee are currently regulated under Tennessee Code Annotated § 45-15-101 et seq.

Title loans are legal in the state, and lenders are prohibited from charging more than 2% interest per month and cannot charge more than 1/5th the original loan amount in fees. The lender cannot charge additional fees if you don’t repay the loan, either, but they can repossess your vehicle.

Cost considerations and title loan alternatives

The cost of a title loan in Tennessee is dependent on your loan amount and your APR. Here are a few examples to help illustrate the true cost of a title loan.

  • Example 1: You borrow $1,500 at an APR of 300% and pay it back in 30 days.
    If you took out a $1,500 loan and paid it back in 30 days, you would pay a total of $1,875 back to your lender in 1 payment. In this example, you’re paying $375 in finance charges to borrow $1,500.
  • Example 2: You borrow $1,500 at an APR of 300% and pay it back in 6 months.
    If you borrowed $1,500 and paid it back in 6 months, you would pay a total of $3,049.38 back to your lender in 6 payments of $508.23. In this example, you’re paying $1,549.38 in finance charges to borrow $1,500.

Personal installment loans: A better and more affordable way to borrow money with bad credit

A title loan may not be the right option for you. They do come with a higher interest rate than other loans and there’s a risk that you’ll lose your vehicle if you can’t make your payments. An unsecured installment loan might be a viable alternative.

Installment loans give you access to flexible financing with loan amounts between $200 and $3,000, as well as competitive interest rates and easy monthly installments. They’re also not secured by your vehicle and the right lender will offer options for customers with low and no credit.

Frequently asked questions

Here are some of the most commonly asked questions that we get regarding Tennessee title loans.

Can I qualify for a title loan with bad credit?

Yes, you can! Your credit score is not a factor for title loans, which means even if you have bad, low, or no credit, you qualify.

Can I get a title loan completely online with no credit check and no inspection?

Yes! There's no credit checks when you apply for a title loan online. However, most lenders require a vehicle inspection to assess the value of the vehicle so that they know how much they can lend against it.

Will I receive the funds from my title loan instantly?

Most people receive their money on the same day. Generally, if the borrower applies before 2 pm EST and completes all necessary steps including inspection, they will receive their funds the same day.

Do you offer car title loans near me?

Yes! We offer title loans nearby through direct title loan lenders in many cities in Tennessee, including:

  • Athens
  • Bartlett
  • Brentwood
  • Bristol
  • Chattanooga
  • Clarksville
  • Cleveland
  • Columbia
  • Cookeville
  • Crossville
  • Dickson
  • Dyersburg
  • East Ridge
  • Elizabethton
  • Franklin
  • Gallatin
  • Germantown
  • Goodlettsville
  • Hendersonville
  • Jackson
  • Johnson City
  • Kingsport
  • Knoxville
  • La Vergne
  • Lakeland
  • Lebanon
  • Lewisburg
  • Maryville
  • McMinnville
  • Memphis
  • Morristown
  • Mount Juliet
  • Murfreesboro
  • Oak Ridge
  • Portland
  • Red Bank
  • Sevierville
  • Shelbyville
  • Soddy-Daisy
  • Spring Hill
  • Springfield
  • Tullahoma
Customer reviews

Success stories from real people like you

Read real reviews from the many satisfied customers who chose Sound Financial for a title loan.

Jameson W.
star star star star star

I have taken out a title loan in the past and I can say much better experience with Sound.

Yusef K.
star star star star star

First time getting a title loan and this site made it super easy. They were upfront about fees and payments, which was hard to find, and the process was smooth.

Dennis M.
star star star star star

Best place to get this type of financing, hands down!

George V.
star star star star star

I appreciated the transparency and honesty of this marketplace. No hidden fees or surprises and exceedingly good customer service. A more than positive experience!

Paulina S.
star star star star star

Helped me find the right loan for my situation and did well in answering all my questions. 5⭐s!!!!

Jaime B.
star star star star star

I’ve been around the block a few times w/ these types of online loans and Sound is refreshing. Didn’t feel like I was being taken and it felt like they genuinely had my best interest at heart.

Ian G.
star star star star star

Ran into money trouble and came to Sound Financial for a title loan. Was pleasantly surprised by their quality of service (not typical). Very appreciative.

Creisha J.
star star star star star

Glad to see that there is a company out there that actually cares for borrowers with bad credit. 🤗❤️ Thank you!!

Antoinette C.
star star star star star

M/O 3 here with lackluster credit, so a title loan was my only resort. Sound helped me find a lender AND understand how to properly manage my repayment. Forever grateful.

Roderick T.
star star star star star

PROS: I was able to keep my car, fantastic customer care, site gave me all the pertinent details… CONS: None… Add me to the “another satisfied customer” list.

Tennessee title loans in 30 minutes or less.

Get the cash you need with our fast and flexible title loans. Apply now and see how we can help you today.

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