Loans in Shelby County, TN: payday, personal & title options
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Shelby County, TN.
The median household in Shelby County earns $63,767 a year, 8% below the Tennessee median of $69,595. About 18% of residents live below the federal poverty line, and 45.9% of households rent their home.
What you need for a payday loan in Shelby County
Here's what to have on hand before you start your payday loan request in Shelby County:
- 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 Shelby County
What Shelby County borrowers use it for
deposits, trucks and first-week expenses
Holiday expensesgifts and travel without maxing a card
Medical billspay a doctor, dentist or pharmacy bill now
Emergencieshandle the unexpected the same week
Loans for your situation
Which loans are available in Shelby 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 Shelby County
Banks with branches in Shelby County
221 FDIC-insured bank branches from 35 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| Regions Bank | 29 | 6200 Poplar Ave, Memphis 38119 |
| First Horizon Bank | 28 | 165 Madison Ave, Memphis 38103 |
| Truist Bank | 15 | 1895 Union Ave, Memphis 38104 |
| Trustmark Bank | 12 | 1405 S Germantown Rd, Germantown 38138 |
| Bank of America, National Association | 11 | 3945 Park Ave, Memphis 38111 |
| Pinnacle Bank | 11 | 1264 S Germantown Rd, Germantown 38138 |
| The Huntington National Bank | 10 | 6675 Stage Rd, Bartlett 38134 |
| Independent Bank | 9 | 5050 Poplar Avenue, Memphis 38157 |
| Simmons Bank | 9 | 5810 Airline Rd, Arlington 38002 |
| JPMorgan Chase Bank, National Association | 9 | 557 S Highland St, Memphis 38111 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
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.
Cities in Shelby County
All Tennessee counties and cities
Frequently asked questions
Are payday loans legal in Shelby County?
Shelby 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 Shelby 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 Shelby County?
Options include 221 bank and 99 credit-union 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 Shelby County?
Fill out our short online form from anywhere in Shelby 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 get a loan in Shelby 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. Shelby County residents can start any time, and it takes about 3 minutes.
Can I get a loan in Shelby County with bad credit?
Yes, many lenders in our network work with Shelby 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 an emergency loan in Shelby County?
Yes. When an unexpected bill comes up, Shelby 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.
Where can I get a loan in Shelby County, TN?
You can apply at banks, credit unions and lenders in Shelby County, or apply online from anywhere in the county. Online requests are often the quickest way to reach several lenders at once. Our free form sends a single request to lenders in our network that serve Tennessee residents, and many give a decision within minutes. It takes about 3 minutes to see if you qualify.