Title Loans in Memphis

You can borrow up to $2,500 against your vehicle title, which is the most Tennessee allows. Your offer is usually about 25% to 50% of your car's value, based on the vehicle and your ability to repay, not your credit score.

In Memphis, the loans we have funded since 2024 have ranged from a few hundred dollars up to the $2,500 cap, with a common loan amount around $1,000. For example, a Toyota Camry here drew about $1,050.

Tennessee allows title pledge lenders to charge up to about 264% a year. Swift Title Loans charges only a fraction of that, and your exact rate depends on your vehicle and your ability to repay.

The charge applies to your original loan amount each 30-day period, so renewing instead of paying in full brings a similar charge again, and there is no penalty for paying early. At the example rate shown above, a $1,000 loan would cost about $30 for one 30-day period.

You will need proof of who you are, proof that the vehicle is yours, and a few photos. That is the core of it.

• A Tennessee driver's license or state ID
• The vehicle title in your name
• Proof of income or ability to repay, such as pay stubs or bank statements
• Proof of a Memphis-area address, like a utility bill
• Clear photos of your vehicle and its odometer

You upload everything online, so there is no store visit and no physical inspection.^{^}

If you fall behind, the vehicle can be repossessed and sold, since the title secures the loan. Tennessee gives you real protections along the way, though.

After repossession you have a 20-day window to redeem your car by paying what you owe, and no new interest or fees can be added during that time. If the car is sold for more than your balance, the surplus must be returned to you.

If money gets tight, reach out before you miss a payment so we can talk through your options.

Both work. Most Memphis borrowers do everything online, but our offices are open if you would rather come in:

• 1367 Poplar Ave #5, Memphis, TN 38104, (901) 499-2837
• 1473 S Trezevant St #23, Memphis, TN 38114, (901) 657-3057

Online, most people get pre-approved in under seven minutes,^* with no store visit and no physical inspection,^{^} and funds arrive by direct deposit once approved.

Yes. In Tennessee these are called title pledge loans, and they are legal and regulated under the Tennessee Title Pledge Act, overseen by the Department of Financial Institutions (TDFI).

Every licensed lender must follow the $2,500 limit, the cost rules, the right to cancel by the next business day, and the repossession protections. A loan from an unlicensed lender is void, so you can confirm a lender through NMLS Consumer Access before you borrow.