Nashville, TN Payday Loan Alternative
Nashville is the state capitol of the state of Tennessee. The city is home to southern comfort, country music and lush plantations. Nicknamed the Music City, one of the most popular attractions of the city includes The Grand Ole Opry. You can also find a Greek Parthenon reproduction and President Andrew Jackson’s home while in Nashville. It is an exciting place to live; however, the residents of Nashville are not without problems. Many of the residents face financial woes that cause them much worry and stress. With many financial obligations, people often look to payday loans as they have minimal requirements for approval. The problem with payday loans however is that they can lead to a cycle of debt that is hard to escape.
Nashville Payday Loans
While payday loans are legal in the state of Tennessee, there are certain terms and restrictions that apply statewide. The maximum term for a payday loan in the state is 31 days, and the maximum loan amount is $425. You cannot renew or consolidate the loan. Interest rates are capped, but they remain extremely high. Because so many people are having trouble making ends meet, the payday loan industry is thriving. Unfortunately, many people who take out payday loans end up defaulting on the loan, so they are in more debt than when they started. You do not have to turn to payday loans to solve your problems. Fortunately, there is a good alternative to payday lenders.
Blue Trust Loans
Blue Trust Loans is an online lender that offers installment loans in amounts up to $1,250. The company offers more flexible repayment terms on the loan than you would find with a payday loan. You pay a portion of the loan in installments until the loan is paid in full. You just go online to complete the fast and easy application. The company will need to get some basic information from you, and then a representative will call you to verify the information that you submitted. The money can then be deposited into your bank account as soon as the next business day.
Certain requirements must be met to qualify for a loan. While this is not an exhaustive list, basic requirements include that you must be 18 years of age and a citizen of the United States with a verifiable source of income. Blue Trust requires that you have a valid checking account that meets “minimum opened duration” requirements. You cannot be planning to file for bankruptcy or currently be in bankruptcy proceedings. Blue Trust Loans does not extend loans to active military, their family or spouses.
Get Back on Track
You do not need to resort to a payday loan to get out of debt. Installment loans from Blue Trust are a better alternative. You can receive money in your bank account as soon as the next business day, and you will have the confidence knowing that Blue Trust is a lender that you can rely on to meet your financial needs. Apply with Blue Trust and let us help you regain control of your finances today!
Other References: Advance Loans, Cash Loans, Personal Loans, Payday Loans, Installment Loans, Getting a Loan With Bad Credit
The content on this site is for informational purposes only and is not professional financial advice. Blue Trust Loans does not assume responsibility for advice given. All advice should be weighed against your own abilities and circumstances and applied accordingly. It is up to the reader to determine if advice is safe and suitable for their own situation.