Online Payday Loans Tennessee – Direct Lender

With a Tennessee payday loan, you can apply for a loan online and get it approved without leaving your home. This is how the application process looks:

Online application

Complete the online application form and Oak Park Financial will evaluate your information. We may make a decision within minutes.

Choose a loan amount

Depending on your creditworthiness, the rates and terms Oak Park Financial offers can change how much you choose to borrow. You can choose to borrow the entire amount or a smaller loan.

Use your loan

Oak Park Financial will deposit the money directly into your checking bank account. The funds may be available in your account within the next business day. 

Payday Loans Tennessee: Terms

You will be approved for a loan if you follow the following guidelines:

  •     Borrowing money 0 up to $5,000
  •     Repay the loan in 7 to 26-month terms
  •     Annual percentage rates from 99% to 149%

Consider these things before you take out a Payday Loans in Tennessee


When deciding between online and brick-and-mortar lenders, you should ask how long it takes to get approved for payday loans in Tennessee, and then receive funds. An alternative to brick-and-mortar lenders is online lending.

Loan amount

Lenders should offer loans with sufficient amounts to meet your needs. You should also be aware of minimum loan requirements. Otherwise, you might have to borrow more than you need. The online payday loans amounts in Tennessee range from $500 to $5,000.

Loan fees

Direct lenders or financial institutions can charge fees for application, origination and prepayment. Oak Park Financial does not charge any of these fees and all payments are clearly disclosed in your loan agreement.

Loan rates

When comparing rates, it is more useful to compare loans’ APRs than to look at their interest rates.

Lender benefits

Lenders may provide additional resources and tools to borrowers. Oak Park Financial allows you to decide within five business days whether you wish to keep your loan. 

You can cancel your decision and return the principal of the loan without any fees. We also offer many free financial education resources.

Why Oak Park Financial?

Oak Park Financial will report all payments to TransUnion or Experian. You can build credit and improve your credit score by paying on time. Most payday lenders do not report your payments to credit bureaus.

Apply Online loan today!

Are you interested? Find out more or apply for a loan now. You can learn more about the differences between payday loans from Oak Park Financial and other lenders.

Besides approving loans, we also offer tips and tricks for personal finance, including how to save money and build credit. Additionally, there are free videos and personal finance tools that you can download.