Car Title Loans in Tennessee

How Title Loans Work in Tennessee

Tennessee regulates title pledge lending under the Tennessee Title Pledge Act (T.C.A. §45-15-101 et seq.). Under this statute, a title pledge is a secured loan where the borrower uses their vehicle title as collateral. The pledgor retains possession of the vehicle throughout the loan term; the lender holds the title. Traditional title pledge lenders in Tennessee are capped at $2,500 under the Title Pledge Act.

Lenders licensed under other statutes may offer higher loan amounts. Tennessee title pledge loans have a minimum term of one month. At maturity, the borrower may redeem the title by paying the principal plus applicable fees. Review all terms — including the rate, total cost, and what happens in default — before signing.

Title Loan Requirements in Tennessee

• Tennessee resident, at least 18 years old
• Clear vehicle title in your name (lien-free)
• Valid Tennessee ID or driver's license
• Proof of Tennessee residence
• The vehicle must be free from undisclosed damage
• Working phone number and email address

Tennessee Regulatory Resources

For questions about title pledge lending in Tennessee, contact the Tennessee Department of Financial Institutions (TDFI) at (615) 741-2236 or visit tn.gov/tdfi.

Learn more: How It Works | Title Loan FAQ