Title Loan Data for Nashville, TN
$1,541
Average Loan Amount
$250–$6,446
Loan Range
2011
Average Vehicle Year
34
Loans Funded
Based on 34 loans in Nashville from 2024 to 2025. Actual loan amounts vary based on your vehicle’s condition, mileage, your ability to repay the loan, and Tennessee regulations.
Actual Title Loans Funded in Nashville, TN
Actual loan amounts vary based on vehicle condition, mileage, and Tennessee regulations.
| Year | Make | Model | Miles | Funded Amount |
|---|---|---|---|---|
| 2012 | GMC | Yukon XL | 167,064 | $900 |
| 2005 | Jeep | Liberty | 212,000 | $1,550 |
| 2016 | Toyota | Camry | 193,000 | $1,500 |
| 2018 | Dodge | Journey | 91,000 | $2,034 |
| 2007 | Lincoln | MKZ | 280,162 | $1,234 |
| 2006 | Mercedes-Benz | E Class | 200,000 | $972 |
| 1999 | Chevrolet | Suburban | 260,000 | $1,002 |
| 2013 | Volvo | XC60 | 188,132 | $750 |
| 2018 | Dodge | Challenger | 181,718 | $3,650 |
| 2020 | Nissan | Altima | 88,000 | $3,585 |
Average Title Loan by Most Common Vehicles in Nashville, TN
| Vehicle Make | Avg. Vehicle Value | Avg. Loan Amount | Borrowers |
|---|---|---|---|
| Ford | $3,509 | $1,119 | 8 |
| Nissan | $4,467 | $2,031 | 6 |
| Chevrolet | $1,306 | $738 | 4 |
| Dodge | $10,438 | $2,842 | 2 |
| Honda | $6,575 | $1,750 | 2 |
Based on 34 loans in Nashville from 2024 to 2025. Actual loan amounts vary based on your vehicle’s condition, mileage, your ability to repay the loan, and Tennessee regulations.
Did You Know? Nashville by the Numbers
What Nashville Borrowers Used Their Loan For
| # | Top Use |
|---|---|
| 1 | Electric and Water Utilities |
| 2 | Funeral and Burial Expenses |
| 3 | Groceries and Household Essentials |
Based on 34 borrowers in Nashville from 2024–2025.
Unemployment Rate in Nashville, Tennessee
4.5% of Nashville residents are currently unemployed, compared to the Tennessee state average of 5.0%.
Source: U.S. Census Bureau & Bureau of Labor Statistics.
Median Household Income in Nashville, Tennessee
The median household income in Nashville is $77,371. About 14.1% of residents live below the federal poverty line.
Source: U.S. Census Bureau & Bureau of Labor Statistics.
Title Loan Regulations in Tennessee
- Interest rate cap: 2% interest per month plus statutory fee up to 20% of loan amount per month = 264% effective annual rate
- Loan range: Up to $2,500 per vehicle title
- Repayment term: 30-day initial term; renewable every 30 days; starting with 3rd renewal, 5% principal paydown required
- Regulated by: Tennessee Department of Financial Institutions (TDFI)
What a Title Loan Costs in Tennessee
| Loan Amount | Term | APR | Interest/Fees | Total Due |
|---|---|---|---|---|
| $500 | 30 days | 264% | $110 | $610 |
| $1,000 | 30 days | 264% | $220 | $1,220 |
| $2,500 | 30 days | 264% | $550 | $3,050 |
Every charge is calculated on your original loan amount, not the remaining balance. You owe the same charge each period. Interest is 2% of principal ($20 per $1,000) and fee is 20% of principal ($200 per $1,000) per 30 days.
📖 Governing law: Tennessee Title Pledge Act (T.C.A. Title 45, Chapter 15)
See all Tennessee title loan rules and consumer protections on our Tennessee title loans page.
Title Loan Questions for Nashville, TN Residents
A physical inspection is generally not required when applying online. You can submit photos of your vehicle along with your documents and get an appraisal remotely. This lets residents across Nashville complete the process without leaving the house.
Yes, the online process is safe. The site uses 256-bit SSL encryption to protect your personal and financial data. Title lenders must be licensed by the state and follow consumer protection rules.
Bankruptcy history is less of a barrier for title loans than for traditional financing. Vehicle collateral value and current repayment ability matter more than past credit events. If your bankruptcy has been discharged and you have verifiable income, you may still qualify.
Factors that can prevent qualification include a title not in your name, significant liens already on the vehicle, no verifiable income, non-Tennessee residency, or an active title loan with any lender. Tennessee prohibits holding more than one title pledge at a time.
Tennessee law does not set a statutory minimum or maximum on title loan amounts. How much you qualify for depends on your vehicle’s current market value and your ability to repay. Apply online for a free estimate.
No, you do not have to give up your car. A lien is placed on your title through the Tennessee Department of Revenue and the paper certificate of title is held, but you keep driving and retain full use of the vehicle. Your daily routine is not affected.
Title loans typically provide 25% to 50% of your vehicle’s value. In Tennessee, the maximum loan amount is $2,500 per vehicle. Borrowers in Nashville usually receive between $500 and $2,500 depending on vehicle value and income.
In Nashville, TN, your car can be repossessed if you miss a payment. After repossession, you have 20 days to get your vehicle back before it can be sold.
