| Credit Limit: | $500 to $5,000 |
| Loan Type: | Line of Credit |
| Minimum Payment: | Billing Cycle Charge + Mandatory Principal Contribution |
| Funding Time: | Same Business Day3 |
Car trouble, medical bills, or home repairs pop up out of the blue, and we know how stressful it can be to deal with these things when money is tight and you’re low on savings. If you're looking for help, a Line of Credit through CreditFresh could help get you through a tough time.
If you’re approved, you can get the money you need as soon as the same business day3.
Note: A Line of Credit is a type of online loan. As a revolving credit product, you can request draws, repay and redraw as needed from your available credit.
No matter where you live in Tennessee — Nashville, Knoxville, or Memphis — unexpected costs can come out of nowhere and completely throw off your budget. We want you to know you’re not alone. If your savings aren’t enough, a line of credit could help you in the short term.
Through CreditFresh, you could apply for an online Line of Credit between $500 and $5,000 in Tennessee. If you’re approved, you can draw money from your available credit – which is the amount of money you can access from your line of credit – and you may be able to get funds as soon as the same business day³.
If you’re looking to submit a request through CreditFresh, click here or call us at 1-800-766-2007 for more information.
| Credit Limit | $500 to $5,000 |
|---|---|
| Making a Draw | You have the option to withdraw available funds all at once, or in smaller amounts from your available credit, so long as your account is in good standing and you otherwise meet any criteria required to request draws. Funds may be deposited into your bank account the same business day3. |
| Credit Limit |
|---|
| $500 to $5,000 |
| Making a Draw |
| You have the option to withdraw available funds all at once, or in smaller amounts from your available credit, so long as your account is in good standing and you otherwise meet any criteria required to request draws. Funds may be deposited into your bank account the same business day3. |
Managing your repayment responsibly is essential for building financial success and maintaining a healthy credit profile.
Repaying your online loan in Tennessee on time is key to making sure you keep up with your financial responsibilities.
If you have an outstanding balance – meaning the amount you currently owe on your Line of Credit – you’ll need to make a Minimum Payment for each Billing Cycle. You’ll be given a periodic statement at least 14 days before your Minimum Payment is due for your Line of Credit. Your periodic statement will show important information like your Minimum Payment and your Payment Due Date.
Your Minimum Payment will be made up of two parts:
You can make payments in addition to your Minimum Payments without any penalties, to help reduce the total charges you pay.
You can also pay the full balance when you can, which will help you lower the charges you pay.
You can log into your account to make payments online using most debit or pre-paid cards, or by calling us at 1-800-766-2007 to set up payments.
For each billing cycle, you’ll only be charged a Billing Cycle Charge if you have an Outstanding Principal Balance. You can find this information in your periodic statement. A part of each Minimum Payment goes directly to your principal balance to make sure you’re always paying down your balance.
For further details, visit the Cost of Credit page.
To qualify for an online loan through CreditFresh, you need to:
Please note that currently, no credit products offered through CreditFresh have charges that would meet the requirements applicable to lend to covered members of the US Armed Forces and their dependents.
Yes, to be approved for this online loan, you’ll need to have an active bank account.
No, you won’t need to make an appointment. You can click here to start the application process. It’s easy to apply online, usually only takes minutes to do1.
For more information, feel free to give us a call at 1-800-766-2007, and someone from our Customer Service team will be happy to help you out.
Yes, right now, online loans are offered through CreditFresh in the form of a Line of Credit in Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Indiana, Kansas, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Montana, Nebraska, New Jersey, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Texas, Utah, West Virginia, Wisconsin, and Wyoming on top of Tennessee.
A line of credit works a bit differently than an installment loan, and it’s good to know the basics before you apply.
With an installment loan, you borrow a set amount of money once — and pay it back over time in fixed payments. But with a Line of Credit, if you’re approved, you have the flexibility to request draws up to your available credit limit. That could mean small amounts here and there, or a larger amount all at once.
As you make payments and lower your balance, you can continue to borrow again from your available credit, as long as your account is in good standing. That flexibility can really help when unexpected costs come up.
If you want to learn more about other online loans, click here.
Yes. On top of giving people access to online loans in Tennessee, we do our best to give you information to help you on your financial journey.
Through the CreditFresh Money 101 section, you’ll find tips on budgeting, saving, managing unexpected expenses, and other basic financial topics.
While CreditFresh doesn’t offer information on financial advice, the Money 101 section is meant to give you some basic financial tips.
If you need some help with a loan-related issue or are looking for more information on anything to do with the process of requesting an online loan in Tennessee through CreditFresh, you can always contact us. You can also find more information about this Line of Credit by visiting our general FAQs page.
