Payday loans in Powell, TN
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Powell, TN.
The median household in Powell earns $82,434 a year, 18% above the Tennessee median of $69,595. About 4% of residents live below the federal poverty line, and 21.1% of households rent their home. When an unexpected bill hits before payday, Powell residents can request $100 to $1,000 online in minutes.
Tennessee law that applies in Powell
| 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 Powell
Lenders that serve Powell typically ask for the following:
- 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 Powell
What Powell borrowers use it for
handle the unexpected the same week
Holiday expensesgifts and travel without maxing a card
Need money nowthe fastest options online
Car repairskeep getting to work while the shop fixes it
Loans for your situation
How to get a payday loan in Powell
- 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 Powell
8 FDIC-insured bank branches from 8 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| First Century Bank | 1 | 600 E Emory Rd, Powell 37849 |
| First Horizon Bank | 1 | 2121 W Emory Rd, Powell 37849 |
| Commercial Bank | 1 | 420 E Emory Rd, Powell 37849 |
| Home Federal Bank of Tennessee | 1 | 105 E Emory Rd, Powell 37849 |
| Tennessee State Bank | 1 | 7500 Old Clinton Pike, Powell 37849 |
| Regions Bank | 1 | 601 E Emory Rd, Powell 37849 |
| First US Bank | 1 | 100 W Emory Rd, Powell 37849 |
| FirstBank | 1 | 233 E Emory Rd, Powell 37849 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Powell
3 credit-union locations from 3 credit unions.
| Credit union | Location |
|---|---|
| Y-12 | 530 E Emory Rd, Powell 37849 |
| Knoxville Tva Employees | 7515 Central Avenue Pike, Powell 37849 |
| Knoxville Teachers | 3533 W Emory Rd, Powell 37849 |
Source: NCUA credit union branch data, June 30, 2026.
Nearby cities
County: Knox County · Personal Loans in Powell · Title Loans in Powell
Frequently asked questions
Can I get a payday loan in Powell, 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 Powell through our network; approval and terms are set by the lender.
How much can I borrow with a payday loan in Powell?
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 Powell?
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.
How do I get a payday loan in Powell, 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 Powell borrowers can finish the form in about 3 minutes.
Where can I get a payday loan in Powell?
You can visit a storefront in Powell 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 much does a payday loan cost in Powell?
The fee may not exceed 15% of the face amount of the check. Your lender shows the exact fee, total amount to repay, due date and APR before you sign, so you know the full cost upfront. There's no charge to use our form, and you're never obligated to accept an offer. Compare what lenders offer Powell borrowers in about 3 minutes.
What is a payday loan in Powell?
A payday loan is a small, short-term loan, usually a few hundred dollars, that you repay in one payment on or around your next payday. Borrowers in Powell can request one online from home instead of visiting a storefront. Through our free form you can be matched with lenders in our network, with amounts depending on the lender and Tennessee rules. See if you qualify in about 3 minutes.
What is a payday advance loan?
A payday advance loan is another name for a payday loan: a short-term advance on your next paycheck. You borrow a small amount and repay it, plus a fee, when you're next paid. The process is quick because lenders look mainly at your income and checking account. Powell residents can request a payday advance online through our network in about 3 minutes.
Do I need to visit a store in Powell?
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.