Cash Depot Payday Loans Review - Memphis, Tennessee

Organization owner?

3638 Park Ave, Memphis, TN 38111, USA

7 years in business

+1 (901) 327-7779

What people think about Cash Depot?

Below you read some of the opinions of our clients.

I took out payday loan from Cash Depot 3 times. Paid back all my loans in a timely manner. Last week wanted to borrow more, but they approved me for only $100 ???

Gabrielle Armstrong

So upset!! They approve me for a loan but it’s been 5 days and still no money in my account! Tired of waiting…. Not sure I will ever get my money.

Sandra White Sr.

APR too high. People usually take cash advances because they’re having a difficult time. These loans put you further into debt. Maybe they should lower their APR a little…

Mr. Brennan Koch

Important

The above-given information provides the details about a specific lending service. The information below is about common information about payday loans.

Payday Loans in Memphis, New York

A payday loan is a small, short-term loan that's meant to be repaid with the borrower's next paycheck. Amounts typically range from $100 to $1,000.

Payday loans may become an easy and fast solution to a short-term problem in Memphis, New York. Loans from payday lenders can get you cash same day. Your APR will depend on several things.

APR

25% small loan cap

Why people apply for payday loans?

70%

Car expenses

50%

Treatment

40%

Vacation

30%

Clothes

30%

Home improvement

Payday loans for bad credit

If you have a bad credit score you may still be able to take out a payday loan. Such loans are designed to help meet the needs of clients with bad credit scores. There are companies who may be happy to offer you a payday loan even if you have a poor credit score. You will need a steady income to be eligible for a bad credit payday loan.

To get approved for a payday loan, you need to meet the following requirements:

be 18 years old or older;
be a U.S. citizen or permanent resident;
be employed and have a steady income;
have a valid checking account in your name;
have an email address and phone number.

Rate Your Credit Score

Low

Low Rate

300

Lower than Average

579

No ability to get a loan
No ability to rent a room

Average

Average Rate

670

High Rate

739

80% of loan approval
Apply for all loan types

Perfect

Great Score

740

Perfect Score

799

95% of loan approval
Apply for all loans including mortgage

Rate your APR

If you want to learn the real APR of the loan before applying, you can use the online calculator. It will help you determine the definite cost of the cash advance loan in a few minutes.