Union City, TN · South · Allowed
Payday loans in Union City
Union City 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 Union City
10,589 residents · Obion County Median household income is $35,698 — below the Tennessee median of $50,670.
4 storefront locations of 4 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 Financial Title Loans, Installment Loans, Check Cashing/Pay-day Loans | 1704 W Reelfoot Ave, 38261 | (731) 330-4224 | Mon–Fri 10:00 AM - 6:00 PM · Sat–Sun 10:00 AM - 4:00 PM |
| Aj's Payday Check Cashing/Pay-day Loans, Title Loans, Tax Services | 311 W Reelfoot Ave Ste B, 38261 | (731) 599-1333 | Mon 9:30 AM - 5:30 PM · hours vary |
| Security Finance Installment Loans | 206 E Reelfoot Ave Ste 5, 38261 | (731) 885-7707 | Mon 9:00 AM - 5:00 PM · hours vary |
| State Finance Of Union City Installment Loans | 1313 W Reelfoot Ave, 38261 | (731) 885-3087 | Mon–Fri 9:00 AM - 5:30 PM · Sat–Sun Closed |
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 Union City
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 Union City 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 Union City
Are payday loans legal in Union City, TN?
Yes. Storefront payday lending is permitted across Tennessee, and Union City 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 Union City?
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 Union City?
4 storefronts are listed in Union City in our 2022-02-20 directory snapshot (4 different companies). The full list with addresses, phones and hours is in the table above.
Who regulates lenders in Union City?
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.