Loans in Fayette County, TN: payday, personal & title options
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Fayette County, TN.
The median household in Fayette County earns $88,456 a year, 27% above the Tennessee median of $69,595. About 10% of residents live below the federal poverty line, and 18.6% of households rent their home.
What you need for a payday loan in Fayette County
Most Fayette County applicants can finish in one sitting if they have these ready:
- Be 18 or older (19 in some states) and a US resident
- A government-issued photo ID
- A steady source of income — a job, benefits or self-employment
- An active checking account in your name for the deposit
- A working phone number and email address
Popular loan amounts in Fayette County
What Fayette County borrowers use it for
deposits, trucks and first-week expenses
Car repairskeep getting to work while the shop fixes it
Holiday expensesgifts and travel without maxing a card
Need money nowthe fastest options online
Loans for your situation
Which loans are available in Fayette County
Payday Loans Legal
Payday loans (deferred presentment services) are legal in Tennessee from lenders licensed by TDFI under the Deferred Presentment Services Act, Tenn.
Personal Loans
36% effective rate for industrial loan and thrift loans of $100+ (since July 2025); flex loans 24% plus fee.
Title Loans Legal
Title loans (title pledge loans) are legal in Tennessee from lenders licensed by TDFI under the Title Pledge Act, Tenn.
Banks and credit unions in Fayette County
Banks with branches in Fayette County
17 FDIC-insured bank branches from 8 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| The Bank of Fayette County | 7 | 1265 Highway 57, Piperton 38017 |
| Trustmark Bank | 3 | 16790 Us 64, Somerville 38068 |
| The Huntington National Bank | 2 | 16225 Us-64, Somerville 38068 |
| FirstBank | 1 | 6280 Highway 64, Oakland 38060 |
| Regions Bank | 1 | 16880 Us Highway 64, Somerville 38068 |
| The Park National Bank | 1 | 7285 Highway 64, Oakland 38060 |
| Guaranty Bank and Trust Company | 1 | 5960 Highway 64, Oakland 38060 |
| FSNB, National Association | 1 | 105 Chickasaw Ridge Dr, Oakland 38060 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
No credit-union branch is listed inside Fayette County. The nearest counties with credit unions:
Credit unions in Shelby County
99 credit-union locations from 41 credit unions.
| Credit union | Location |
|---|---|
| Orion | 3155 Millbranch Rd, Memphis 38116 |
| U. T. | 910 Madison Ave, Memphis 38103 |
| L G & W | 1616 Whitten Rd, Memphis 38134 |
| Memphis Municipal Employees | 577 Dr Ml King Jr Ave, Memphis 38126 |
| Navy Federal Credit Union | 2269 N Germantown Pkwy, Cordova 38016 |
| Fedex Employees Credit Association | 50 Fed Ex Pkwy, Collierville 38017 |
| Leaders Credit Union | 2724 Summer Oaks Dr, Bartlett 38134 |
| Firefighters First | 5150 Stage Rd Ste 102, Memphis 38134 |
| First South Financial | 3731 Austin Peay Hwy, Memphis 38128 |
| Southeast Financial | 9265 Poplar Ave, Germantown 38138 |
| Hope | 1451 Madison Ave, Memphis 38104 |
| Memphis City Employees | 2608 Avery Ave, Memphis 38112 |
Source: NCUA credit union branch data, June 30, 2026.
Credit unions in Tipton County
2 credit-union locations from 2 credit unions.
| Credit union | Location |
|---|---|
| First South Financial | 11624 Highway 51 S, Atoka 38004 |
| The West Tennessee | 13690 Highway 51 S, Atoka 38004 |
Source: NCUA credit union branch data, June 30, 2026.
All Tennessee counties and cities
Frequently asked questions
Are payday loans legal in Fayette County?
Fayette County follows Tennessee law. Payday loans (deferred presentment services) are legal in Tennessee from lenders licensed by TDFI under the Deferred Presentment Services Act, Tenn.
Are title loans legal in Fayette County?
Title loans (title pledge loans) are legal in Tennessee from lenders licensed by TDFI under the Title Pledge Act, Tenn.
Where can I get a small loan in Fayette County?
Options include 17 bank locations in the county, licensed installment lenders, and online lenders you can reach through our short form in about 3 minutes.
How do I get a loan in Fayette County?
Fill out our short online form from anywhere in Fayette County. We share it with lenders in our network that serve Tennessee; if one approves you, you review the terms and the money is deposited to your bank account, often the next business day.
Can I apply for a loan online in Fayette County?
Yes. You don't need to visit a branch or storefront anywhere in Fayette County. Our secure online form works on your phone or computer, takes about 3 minutes, and connects you with lenders in our network that serve Tennessee. If you're approved and accept an offer, funds go directly to your bank account, often by the next business day.
Can I get an emergency loan in Fayette County?
Yes. When an unexpected bill comes up, Fayette County residents can request an emergency loan online at any time of day. Our 3-minute form reaches multiple lenders in our network, many decide within minutes, and approved funds are often deposited by the next business day. All credit types are considered, and there's no cost or obligation to see your options.
Can I get a loan in Fayette County with bad credit?
Yes, many lenders in our network work with Fayette County residents who have fair, poor or limited credit. They look at your income and ability to repay, not just your score, and some use alternative credit data instead of a traditional hard pull. Approval isn't guaranteed, but checking is free and takes about 3 minutes. Loan amounts range from $100 to $5,000.
Can I get a loan in Fayette County on the weekend?
You can submit our online form any day, including weekends and holidays, and some lenders review requests right away. Deposits depend on banking days, so funds requested on a Saturday or Sunday typically arrive the next business day. Submitting early helps you get the first available deposit. Fayette County residents can start any time, and it takes about 3 minutes.