Payday loans in Collierville, TN
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Collierville, TN.
The median household in Collierville earns $138,598 a year, 99% above the Tennessee median of $69,595. About 3% of residents live below the federal poverty line, and 20.1% of households rent their home. When an unexpected bill hits before payday, Collierville residents can request $100 to $1,000 online in minutes.
Tennessee law that applies in Collierville
| Maximum loan | A lender (and related persons) may hold no more than two of your checks at once, with a total face value of no more than $500. |
|---|---|
| Fee cap | The fee may not exceed 15% of the face amount of the check. |
| Rollovers | Not allowed. |
| Loans at once | You may have no more than three payday loans outstanding at once, totalling no more than $500. |
Full rules with statute citations: Payday Loans in Tennessee. Cities in Tennessee cannot set their own payday or title loan rate caps in most cases; zoning rules for storefronts are local.
What you need for a payday loan in Collierville
Here's what to have on hand before you start your payday loan request in Collierville:
- 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 Collierville
What Collierville borrowers use it for
deposits, trucks and first-week expenses
Emergencieshandle the unexpected the same week
Car repairskeep getting to work while the shop fixes it
Medical billspay a doctor, dentist or pharmacy bill now
Loans for your situation
How to get a payday loan in Collierville
- Pick an amount and fill out the short form (about 3 minutes).
- We share your request with lenders in our network that serve Tennessee.
- If a lender approves you, you'll see the fee, APR and due date before you sign.
- Funds are deposited to your bank account, often the next business day.
Estimate your cost
How much will I repay?
Tennessee does not set a single per-$100 fee cap for this product; check the lender's disclosure. $15 per $100 is shown as an example.
Estimate only. Your lender shows your exact cost before you sign.
Banks and credit unions in the area
Banks with branches in Collierville
20 FDIC-insured bank branches from 17 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| BankTennessee | 3 | 1125 W Poplar Ave, Collierville 38017 |
| Simmons Bank | 2 | 3607 S Houston Levee Rd, Collierville 38017 |
| First Horizon Bank | 1 | 1182 W Poplar Ave, Collierville 38017 |
| Regions Bank | 1 | 1300 W Poplar Ave, Collierville 38017 |
| Trustmark Bank | 1 | 305 Poplar View Pkwy, Collierville 38017 |
| Bank of America, National Association | 1 | 304 New Byhalia Rd, Collierville 38017 |
| Independent Bank | 1 | 2116 W Poplar Ave, Collierville 38017 |
| Truist Bank | 1 | 1175 W Poplar Ave, Collierville 38017 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Collierville
4 credit-union locations from 4 credit unions.
| Credit union | Location |
|---|---|
| Orion | 310 New Byhalia Rd, Collierville 38017 |
| Fedex Employees Credit Association | 50 Fed Ex Pkwy, Collierville 38017 |
| First South Financial | 638 S Byhalia Rd, Collierville 38017 |
| Southern Security | 819 Southern Home Rd, Collierville 38017 |
Source: NCUA credit union branch data, June 30, 2026.
Nearby cities
County: Shelby County · Personal Loans in Collierville · Title Loans in Collierville
Frequently asked questions
Can I get a payday loan in Collierville, TN?
Payday loans (deferred presentment services) are legal in Tennessee from lenders licensed by TDFI under the Deferred Presentment Services Act, Tenn. You can request one online from Collierville through our network; approval and terms are set by the lender.
How much can I borrow with a payday loan in Collierville?
A lender (and related persons) may hold no more than two of your checks at once, with a total face value of no more than $500.
How fast can I get a payday loan in Collierville?
The form takes about three minutes and many lenders decide within minutes. If you're approved and sign before the lender's cutoff, funds are often deposited the next business day.
Is a payday loan secured or unsecured?
A payday loan is an unsecured loan. You don't put up a car, home or other property as collateral. Instead, lenders base their decision mainly on your income and checking account, and repayment is usually scheduled from that account on your due date. That keeps the process quick, since there's nothing to appraise. Collierville residents can see if they qualify in about 3 minutes.
Is a payday loan installment or revolving credit?
A traditional payday loan is neither. It's a single-payment loan: you borrow a set amount and repay it, plus the fee, in one payment on your due date. An installment loan spreads repayment over several scheduled payments, and revolving credit, like a credit card, lets you borrow repeatedly up to a limit. Depending on Tennessee rules, lenders may offer payday or installment options. Compare them in about 3 minutes.
Where can I get a payday loan in Collierville?
You can visit a storefront in Collierville or request a loan online without leaving home. Our free form sends one request to multiple lenders in our network, so you don't have to apply store by store. If a lender makes you an offer, you review the terms and decide whether to accept, with no obligation. It takes about 3 minutes to see if you qualify.
How do I get a payday loan in Collierville, TN?
Have a few basics ready: a government-issued ID, proof of regular income, an active checking account, and a working phone number and email. Then complete our secure online form. Lenders review your request, and many give a decision within minutes. If you're approved, you'll see the full terms before signing. Most Collierville borrowers can finish the form in about 3 minutes.
Is a payday loan the same as a cash advance?
The terms are often used interchangeably. A payday loan is sometimes called a cash advance because it advances money against your next paycheck. A credit card cash advance is different: you withdraw cash against your card's credit limit, which requires available credit on a card. If you don't have card credit to tap, a payday loan through our network is a fast option. Check your options in about 3 minutes.
Do I need to visit a store in Collierville?
No. You can request offers online from a phone or computer. Some lenders, especially title lenders, may ask you to visit a location or send photos of your vehicle.