Nashville, TN Payday Loans Lenders

26 local stores from 6 companies located in Nashville, TN
Showing 1 to 6 of 6 Entries

All Nashville, TN Lenders Offices by Rating

Showing 1 to 10 of 26 Entries

41 CFPB Complaints in Nashville

There were 41 CFPB complaints in Nashville since Dec 2013.

Complaints over Years

Top 9 Companies

  • Speedy Cash: 15
  • Ace Cash Express: 8
  • Community Choice Financial: 5
  • Advance America: 3
  • Easy Money: 3
  • Check into Cash: 3
  • Check 'n Go: 2
  • Cash Express: 1
  • TitleMax: 1

Top 3 Complaints Issues

  • Attempts to collect debt not owed: 7
  • Communication tactics: 5
  • False statements or representation: 4

Latest Reviews

Cory Aiono
5 / 5 Aug 13, 2024
about Check into Cash's office
326 Harding Place, Suite 102, Nashville, TN 37211
Miguel Perez
5 / 5 Aug 6, 2024
about Advance America's office
4653 Nolensville Pike, Nashville, TN 37211
Marcus Dodson Jr
5 / 5 Aug 1, 2024
about TitleMax's office
3002 Nolensville Pike, Nashville, TN 37211

Payday Loans in Nashville

The City Nashville has TN State and local payday loan regulations.

The main points of this ordinance:

  • No credit check storefront must take a distance of 1,320 feet from another outlet;
  • The gross floor area of a payday loan storefront can not be more than 2,500 square feet in the MUN, MUN-A, ON, and CN zoning districts.

Payday Loans TimeLine News

  • March 25, 2014, the CFPB public hearing between lenders and borrowers.
  • February 2015, Metro Council rejected the bill, that tried to prohibit 24-hour payday loan stores in Nashville.
Nashville Residents Debt-to-Income Ratios
Nashville residents have 680 median credit score and the average number of late payments is about 3.95. Below represented DTI (Debt-to-Income) ratios shows how Nashville residents debts stacks up against their income. As of 2020.
Credit Card DTI
6.43%
Mortgage DTI
445.58%
Car Loan DTI
30.49%
Student Loan DTI
57.13%
Nashville Residents Financial Statistics
Below represented statistics is for Nashville, Davidson County, Tennessee. As of 2019.
Median age of Nashville's residents, years
34
Labour force participation rate, %
71.7%
Unemployment rate, %
4.1%
% of residents with no health insurance
12.1%
Median individual income, USD
$32,371
Median household income, USD
$59,828
% of households with income under $35,000
27.4%
% of households with income $35,000 - $75,000
33.0%
% of households with income $75,000 - $100,000
13.6%
% of households with income over $100,000
26.0%
% of households that own their residence
53.9%
Median home value owned by residents, USD
$239,024
Median rent cost, USD
$1,100
Rent Burden, %
30.0%
Some official sources of data we used to build this page:
ACS CENSUS IRS USGS
Tennessee Flag
Nashville, TN
Payday Loans are legal* in Tennessee.
Store
26 Local Stores
Company
6 Companies
Review
5632 Reviews
Online
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