Cleveland, TN · South · Allowed
Payday loans in Cleveland
Cleveland is governed by Tennessee's statewide lending law — cities don't set their own loan rules. Storefront payday lending is permitted in Tennessee. State law caps what lenders can charge — the limits below are the legal ceiling, and honest lenders stay under it.
The limits below are the legal ceiling — any offer above them is being made outside the law.
Lending storefronts in Cleveland
44,271 residents · Bradley County Median household income is $36,669 — below the Tennessee median of $50,670.
8 storefront locations of 8 companies listed in the public directory snapshot below. Categories are the directory's own — verify a store's license with the state regulator before borrowing.
| Lender | Address | Phone | Hours |
|---|---|---|---|
| Advance America Check Cashing/Pay-day Loans, Title Loans | 2340 McGrady Drive Se, 37323 | (423) 559-2878 | Mon 10:00 AM - 6:00 PM · hours vary |
| Advance Financial Check Cashing/Pay-day Loans, Title Loans, Installment Loans | 1695 25th St NW, 37311 | (423) 438-1417 | Mon–Fri 10:00 AM - 6:00 PM · Sat–Sun 10:00 AM - 4:00 PM |
| Cavalier Finance Installment Loans | 2437 Keith St NW, 37311 | (423) 728-1990 | Hours not listed |
| Courtesy Finance Installment Loans, Auto Loan Providers | 4466 Frontage Rd NW, 37312 | (423) 476-7477 | Mon 9:30 AM - 6:00 PM · hours vary |
| Heights Financial Corporation Debt Relief Services, Auto Loan Providers, Installment Loans | 2507 N Ocoee St Ste B, 37312 | (423) 614-6700 | Hours not listed |
| Quick Loans Installment Loans | 2306 Keith St NW, 37311 | (423) 472-5658 | Mon–Fri 9:00 AM - 6:00 PM · Sat–Sun Closed |
| Security Finance Installment Loans | 2524 Keith St NW Ste 1, 37312 | (423) 339-0400 | Mon 9:00 AM - 5:00 PM · hours vary |
| Speedy Cash Check Cashing/Pay-day Loans, Title Loans, Installment Loans | 808 25th St NW, 37311 | (423) 339-5878 | Mon 8:00 AM - 8:00 PM · hours vary |
Listing data: public business directory, collected 2022-02-20. Stores close and relocate — confirm with the regulator's license lookup on the Tennessee page before visiting. Spot an error? Report it.
The online route in Cleveland
A parallel market lends entirely online — application, decision and funding on a website, no storefront. Lenders licensed in Tennessee follow the state schedule anywhere in the state, but bank-partner and tribal loans are structured outside state rate limits, and regulators dispute that model.
From the online lenders directory — terms each lender publishes about itself, checked September 2026. Directory only: we are not affiliated and make no availability promises — verify with the lender and the Tennessee regulator.
The rules behind the numbers
Deferred presentment transactions are short-term financial solutions and are not intended for long-term borrowing needs.
In practice: borrow $300 for a standard term and the finance charge is $45 — $345 repaid at the end, about 459% APR. Every compliant lender in Cleveland has to fit inside that schedule.
Statute: Tenn. Code Ann. § 45-17-101 et seq.
Regulator: Tennessee Department of Financial Institutions · www.tn.gov
Questions people ask in Cleveland
Are payday loans legal in Cleveland, TN?
Yes. Storefront payday lending is permitted across Tennessee, and Cleveland runs under the same state rules: maximum loan $500, fees capped at 15% of face value of check ($17.65 per $100 advanced). A store charging above the cap is operating illegally.
How much would a $300 loan cost me in Cleveland?
The same as anywhere in Tennessee: state law sets the schedule. On a typical $300 loan the finance charge is about $45 — $345 repaid at the end of the standard term.
Which lenders have stores in Cleveland?
8 storefronts are listed in Cleveland in our 2022-02-20 directory snapshot (8 different companies). The full list with addresses, phones and hours is in the table above.
Who regulates lenders in Cleveland?
Complaints about a lender go to the Tennessee Department of Financial Institutions (www.tn.gov) — keep the loan agreement and every fee disclosure you were given.