Home page Covington

Best Online Short-term Loans in Covington

Unlock quick financial relief with our "Best Cash Advance Short-term Loans"! Struggling with unexpected expenses can be stressful, and waiting for traditional loans can feel endless. The urgency can disrupt your peace of mind. But worry no more! Our short-term loans are designed to bridge that gap, offering fast approval and flexible terms to suit your needs. Whether you need to cover an emergency or manage sudden costs, our cash advance solutions provide the support and confidence you need to thrive. Discover financial freedom today with a hassle-free application process. Secure your short-term loan with us now!

Table of content
Jump to

Best Online Short-term Loans in Covington

Cash Depot
Loan agency
5.00
8 reviews

Address: 881 U.S. 51 S, Covington, TN 38019

Today's Business Hours: 9:00 AM - 6:00 PM

Phone Number: +1 (901) 476-4969

Advance Financial
Loan agency
4.90
15 reviews

Address: 416 US-51, Covington, TN 38019

Today's Business Hours: 10:00 AM - 6:00 PM

Phone Number: +1 (901) 252-0502

Website: locations.af247.com/covington/416-n-hwy-51

Services:

Bill paying Business check cashing Cash for gift cards Flex loans Installment loans Line of credit Money transfers Payday loans Title loans Atm Services Instant Cash Advance Online Lending Online Loan Apply Prepaid Cards
State Finance Co
Loan agency
4.80
10 reviews

Address: C, 1400, TN-3 N, STE, Covington, TN 38019

Today's Business Hours: 9:00 AM - 6:00 PM

Phone Number: +1 (901) 476-1237

Website: wallacemgt.com

Services:

Installment loans Line of credit Payday loans Signature loans Title loans Build Credit Car Repair Loans Consumer Finance Emergency Loans School Loans Small Consumer Loan Starter Loans Vacation Loans
Covington Credit
Loan agency
4.80
10 reviews

Address: 973 Highway 51 N, Covington, TN 38019

Today's Business Hours: 8:30 AM - 5:30 PM

Phone Number: +1 (901) 622-1520

Website: heightsfinance.com/loan-office-location/cash-loans-covington-tennessee-highway-51

Services:

Line of credit Payday loans Signature loans Auto Repairs Credit Insurance Easy Loans Fixed-Rate Loans Personal Loans
World Finance
Loan agency
4.70
9 reviews

Address: 1603 Highway 51 S, J, Covington, TN 38019

Today's Business Hours: 9:00 AM - 5:30 PM

Phone Number: +1 (901) 476-9292

Website: loansbyworld.com/locations/tennessee/covington/38019/861

Services:

Business loans Installment loans Line of credit Microloans Payday loans Signature loans Title loans Appliance Repair Auto Repair Building Credit Capitol Loans Car Repairs Credit Card Payments Easy Loans Finance Loans Home Repair Loan Payment Plan Loan Solutions Local Loans Pawn Shop Loans Personal Loans Online Small Dollar Loans Tax Advance Loan Tax Returns
Heights Finance
Loan agency
4.60
10 reviews

Address: 105 Mueller Brass Rd, Covington, TN 38019

Today's Business Hours: 8:30 AM - 5:30 PM

Phone Number: +1 (901) 476-9477

Website: heightsfinance.com/loan-office-location/heights-finance-in-covington

Services:

Business loans Installment loans Line of credit Payday loans Signature loans Title loans Auto Loans Auto Repairs Consolidation Credit Credit Insurance Dealer Financing Disability Insurance Easy Loans Finance Cars Finance Finance Personal Loans Financing Program Fixed-Rate Loans Life Insurance Loan Advisors Local Loan New Loan Property Insurance Quick Credit Refinance My Current Loan
Cash Express
Loan agency
3.00
1 reviews

Address: 525 US-51, Covington, TN 38019

Today's Business Hours: 9:30 AM - 5:30 PM

Phone Number: +1 (901) 475-0174

Services:

Business loans Cash for gift cards Flex loans Government benefits check cashing Line of credit Payday loans Payroll check cashing Personal check cashing Tax refund check cashing Title loans Cash For Gold Cash Today Client Services Community Support Credit Card Financial Literacy Financial Solution Home Services Mobile Banking New Loan Pawn Loans Prepaid Card
Volunteer Check Express LLC
Check cash

Address: 877 U.S. 51 S, Covington, TN 38019

Today's Business Hours: 9:00 AM - 6:00 PM

Phone Number: +1 (901) 476-6000

Alternatives to Short-term Loans in Covington

Short-term loans come in various forms tailored to different financial needs. Personal loans offer quick cash without requiring collateral, making them suitable for sudden financial needs or emergencies. They usually involve a straightforward application process with repayment terms typically spanning a few months. Installment loans are another common type, allowing borrowers to pay back the borrowed amount in fixed monthly payments over a set period, thereby providing a structured repayment plan that can be easier to manage. Title loans are secured loans where borrowers use their vehicle title as collateral, offering quick access to cash but posing a risk of losing the vehicle if the loan is not repaid. These loans often come with high interest rates and are generally used as a last resort for immediate funding needs.

Best Personal Loan

Advance America
5.00
26 reviews

Short-term personal loans are typically unsecured loans granted based on the borrower's creditworthiness. This makes them an attractive option for borrowers who may not own collateral. The best personal short-term loans often have lower interest rates compared to payday loans and offer more flexibility in repayment terms. These loans are generally used for emergencies or unexpected expenses and can be obtained quickly from online lenders or financial institutions.

Best Installment Loan

Security Finance
5.00
0 reviews

When considering installment loans, borrowers often look for options that allow them to repay the loan over a set period with fixed, manageable payments. The best installment loans typically offer clear terms and competitive interest rates, giving borrowers the ability to plan their finances without unexpected payment fluctuations. For those who have budgetary constraints, installment loans can provide the reassurance of knowing exactly how much needs to be paid each month until the loan is fully settled. This predictability helps borrowers manage their finances more efficiently and avoid defaulting on payments.

Loan Regulations in Tennessee

Tennessee’s short-term loan regulations have been established to ensure fair lending practices while providing consumers with quick access to cash. The state allows a maximum short-term loan amount of $500. The term of these loans can extend up to 31 days, offering a short-term financial solution for borrowers. When it comes to fees and interest rates, Tennessee permits payday lenders to charge a maximum fee of 15% of the total principal amount. Additionally, there are no restrictions on the annual percentage rates (APRs) that lenders can charge. To qualify for a short-term loan in Tennessee, borrowers generally need to provide proof of income, a valid bank account, and identification. These regulations are designed to balance the immediate financial needs of borrowers with consumer protection.

Short-Term Loan Calculator

day(s)
%
$

Estimated Payment

$327.12
Total Principal Paid: $300.00

Financial Charge: $27.12

Loan Term: 150 day(s)

APR: 22.00%

Where to Use Short-term Loan

For those who have secured a short-term loan and are considering where to allocate it, there are several local service providers they might find essential. The funds can be utilized for medical expenses, covering costs from routine check-ups to purchasing necessary medications. Additionally, the loan can be directed towards car repair services to ensure the vehicle is in optimal condition, or towards legal advice for resolving ongoing legal matters. Moreover, in unfortunate circumstances such as organizing a funeral, the loan can help cover the associated costs. It can also be used for appliance services, such as repairing or replacing household items, to maintain smooth day-to-day operations. These local services provide critical support in various aspects of life, making them worthwhile considerations for the application of a short-term loan.

American Restaurant
930 Highway 51 North, Covington, TN 38019
+1 (901) 475-8650
Car Wash
170 Valley Avenue, Covington, TN 38019
+1 (901) 475-0551
College/University
3149 Highway 51 South, Covington, TN 38019
+1 (901) 475-3100
Community Center
Bert Johnston Avenue, Covington, TN 38019
+1 (901) 476-3734
Dentist
122 East Pleasant Avenue, Covington, TN 38019
+1 (901) 476-2600
Do-It-Yourself Centers
110 Holly Grove Road, Covington, TN 38019
+1 (901) 475-0438
Fitness Club & Center
1901 Highway 51 South, Covington, TN 38019
+1 (901) 313-9473
Government Office
790 Bert Johnston Avenue, Covington, TN 38019
+1 (901) 476-3734
Hospital
1995 Highway 51 South, Covington, TN 38019
+1 (731) 286-1510
Hotel
120 Deena Cove, Covington, TN 38019
+1 (901) 476-9700
Library
300 West Church Avenue, Covington, TN 38019
+1 (901) 476-8289
Local Post Office
220 South Main Street, Covington, TN 38019
+1 (901) 476-2413
Museum
900 Douglas Street, Covington, TN 38019
+1 (901) 476-0256
Pharmacy
110 Star Shopping Center Street, Covington, TN 38019
+1 (901) 475-1944
Rent-a-Car Facility
615 Highway 51 South, Covington, TN 38019
+1 (901) 475-9898

FAQ

What is a Short-Term Loan?

A short-term loan is a type of loan that is typically repaid within a short period, usually ranging from a few weeks to several months. These loans are designed to provide quick financial assistance for immediate needs.

Can I Get a Short-Term Loan with Bad Credit?

Yes, many lenders offer short-term loans to individuals with bad credit. While your credit score may impact the loan's terms and interest rates, alternative lenders often consider factors beyond credit scores to assess your eligibility.

What is a Short-term Loan and How Does it Work?

A short-term loan is a type of short-term loan intended to cover expenses until your next payday. It is usually a small, unsecured loan with a high interest rate, meant to be repaid in a single lump sum on your next payday.

Are Same-Day Loans Available for Short-Term Needs?

Yes, same-day loans are a type of short-term loan designed to be processed quickly, often with funds disbursed on the same day or within 24 hours. These loans provide immediate financial relief for urgent situations.

What Are the Risks of Taking Out a Short-Term Loan?

Short-term loans can carry high interest rates and fees, leading to potential debt pitfalls if not managed properly. Ensure you can meet the repayment terms to avoid a cycle of debt and potential harm to your credit.

How Do I Apply for a Short-Term Loan?

You can apply for a short-term loan online or in person with a lender that offers these services. The application process generally requires personal information, employment details, and banking information to assess your eligibility and facilitate fund transfer upon approval.

What Should I Consider Before Taking Out a Short-Term Loan?

Before applying for a short-term loan, evaluate your financial needs, explore alternative options, and understand the loan terms carefully. Make sure you have a clear plan for repayment to avoid unnecessary financial strain.

Find Short-term Loans Near Me

Jump to city name:

AdamsvilleAlamoAlcoaAlexandriaAlgoodAndersonvilleAntiochApisonArdmoreArlingtonAshland CityAthensAtokaAtwoodBartlettBean StationBellsBentonBerry HillBig SandyBlaineBlountvilleBolivarBon AquaBradyvilleBrentwoodBrightonBristolBrownsvilleBrucetonBulls GapBumpus MillsBurlisonBurnsByrdstownCalhounCamdenCarthageCaryvilleCastalian SpringsCelinaCentervilleChapel HillChattanoogaChuckeyChurch HillCityClarkrangeClarksvilleClevelandCliftonClintonCoalmontCollege GroveCollegedaleColliervilleCollinwoodColumbiaCookevilleCopperhillCordovaCornersvilleCorrytonCosbyCounceCovingtonCrockett MillsCross PlainsCrossvilleCrumpCulleokaCumberland CityCumberland FurnaceDandridgeDaytonDecaturDecaturvilleDecherdDicksonDoverDresdenDucktownDunlapDyersburgEadsEaglevilleEast RidgeElizabethtonEnglewoodErinErwinEstill SpringsEtowahFairfield GladeFairviewFarragutFayettevilleFrankewingFranklinFriendsvilleGadsdenGainesboroGallatinGatesGatlinburgGermantownGibsonGleasonGoodlettsvilleGordonsvilleGrand JunctionGrayGraysvilleGreenbrierGreenevilleGreenfieldGruetli laagerHallsHarrimanHarrogateHartsvilleHeiskellHelenwoodHendersonHendersonvilleHermitageHickory ValleyHillHixsonHohenwaldHollow RockHornbeakHumboldtHuntingdonHuntlandHuntsvilleJacksboroJacksonJamestownJasperJefferson CityJellicoJoeltonJohnson CityJohnsonvilleJonesboroughJulietKimballKingsportKingstonKingston SpringsKnoxvilleKodakLa VergneLafayetteLafolletteLakelandLawrenceburgLebanonLenoir CityLewisburgLexingtonLibertyLindenLivingstonLobelvilleLookout MountainLorettoLoudonLouisvilleLylesLynchburgLynnvilleMadisonMadisonvilleManchesterMartinMaryvilleMascotMasonMaury CityMaynardvilleMcewenMckenzieMclemoresvilleMcminnvilleMemphisMichieMiddletonMilanMillingtonMonteagleMontereyMorrisonMorristownMosheimMountain CityMt CarmelMt PleasantMt. JulietMunfordMurfreesboroNashvilleNew JohnsonvilleNew MarketNew TazewellNewbernNewportNiotaNolensvilleNorrisOak RidgeOaklandObionOld HickoryOliver SpringsOneidaOoltewahOrlindaPalmerParisParrottsvilleParsonsPegramPigeon ForgePikevillePiney FlatsPittsburgPlainsPleasant ViewPortlandPowellPulaskiPuryearReaganRed BankRed Boiling SpringsRicevilleRickmanRidgeRidgelyRidgetopRipleyRoan MountainRockwoodRocky TopRogersvilleRossvilleRutledgeSardisSavannahScotts HillSelmerSeviervilleSewaneeSeymourShelbyvilleSignal MountainSmithvilleSmyrnaSneedvilleSoddy DaisySomervilleSouth FultonSouth PittsburgSpartaSpeedwellSpencerSpring CitySpring HillSpringfieldStantonSummertownSurgoinsvilleSweetwaterTalbottTazewellTellico PlainsTennessee RidgeThompson's StationTiptonvilleTooneTownsendTracy CityTrentonTrezevantTrimbleTroyTullahomaTusculumUnicoiUnion CityVanleerViewViolaVonoreWartburgWashburnWatertownWaverlyWaynesboroWhite BluffWhite HouseWhite PineWhites CreekWhitevilleWhitwellWinchesterWinfieldWitheWoodburyWoodland Mills

Covington ZIP Codes

38011
38019