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Find the Best Personal Loans in Nashville, TN

Personal loans enable Nashville residents to receive cash and pay back the loan plus interest over a period of time. Loans are available for personal needs, including vehicle purchases, school tuition and home remodeling. We researched the best personal loans in Nashville so you can find a lender you can trust.

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Compare Top Personal Loans

Best Egg
Overall satisfaction rating
  • Select the term that works best for you
  • Simple, fixed monthly payments
  • Won't impact your credit score
  • Available in Nashville

Won't affect your credit score!

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Overall satisfaction rating
  • Same-day loan decisions
  • Funds available in 3 business days
  • Loans up to $40k
  • Available in Nashville

FreedomPlus is an online loan broker that provides loans from $7,500 to $40,000. Get approved in less than a day, and you could receive funds in as little as 48 hours.

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Cornerstone Financial Credit Union
  • Secured & unsecured loans
  • 6 branch locations in greater Nashville
  • Equity loans available
  • In business since 1955
1701 21st Ave. S.
Nashville, TN 37212
(615) 385-6866
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SunTrust Bank
  • Debt consolidation loans
  • Private student loans
  • Secured & unsecured loans
  • Online loan resource center
600 Gallatin Ave.
Nashville, TN 37206
(615) 928-4603
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Old Hickory Credit Union
  • M-Th: 8am - 4pm
  • Fri: 8am - 5pm
  • Closed Sat and Sun
  • ohcu.org
1000 Industrial Dr.
Old Hickory, TN 37138
(615) 847-4043
Regions Bank
  • M-F: 8:30am - 4pm
  • Closed Sat and Sun
  • regions.com
1600 Division St., Ste. 100
Nashville, TN 37203
(800) 734-4667
Pinnacle Financial Partners
  • M-Th: 8am - 4pm
  • Fri: 8am - 5pm
  • Closed Sat and Sun
  • pnfp.com
2300 West End Ave.
Nashville, TN 37203
(615) 690-4000
Advance Financial
  • Open 24 Hours
  • af247.com
1901 8th Ave. S.
Nashville, TN 37204
(615) 383-8953
Tennessee Quick Cash
  • M-F: 8am - 7pm
  • Sat: 8am - 6pm
  • Closed Sun
  • tnquickcash.com
3100 Gallatin Pike
Nashville, TN 37216
(615) 228-3033

How to choose a personal loan company in Nashville

Nashville Skyline

Nashville residents seek personal loans for a variety of life situations. Whether you need assistance paying tuition at Belmont University or are interested in purchasing a new car, personal loans provide fast cash without the high interest rates attached to a credit card. Personal loans can be used for a variety of expenses in Nashville, from vacations to home improvements.

Personal loans are beneficial when you need cash sooner rather than later. In addition, personal loans often have lower interest rates than typical credit cards. Many Nashville residents use personal loans to refinance credit card debt or consolidate other loans at a lower interest rate, depending on their current financial situation.

In Nashville, residents can seek out a variety of different personal loan types, including:

  • Secured personal loans: The lender will request collateral, such as your car or house, which can be taken if you default on the loan. Interest rates tend to be lower due to the lack of substantial risk.
  • Unsecured personal loans: The lender does not require collateral for an unsecured loan. However, interest rates can range from five to 35 percent higher.
  • Fixed rate loans: The loan’s interest rate and monthly payments do not change over the agreed upon payment term.
  • Payday loans: These are unsecured personal loans that must be paid in full by the borrower’s next payday.
  • Personal line of credit: Rather than receiving cash up front, borrowers receive a line of credit that they may access as needed.
  • Variable-rate loans: The interest rate changes as the benchmark rate fluctuates, meaning your monthly payment can rise and fall.
  • Debt consolidation loans: This personal loan combines your total debt into one loan with a lower interest rate.

While payday loans are illegal in certain states, Tennessee allows these loans under specific borrowing conditions.

Nashville residents with bad credit can still apply for and receive a personal loan. In addition to payday loans, many Tennessee credit unions are willing to work with members who have bad credit. However, this often means the loan amount may be smaller and with a higher interest rate. The lender may also require collateral for the personal loan.

Many lenders in Nashville allow you to apply for personal loans online. Credit unions and other financial institutions will list their eligibility requirements and can often provide an instant or rapid approval or denial once they receive an application.

The maximum amount of interest a lender can charge on a personal loan is 9.25 percent. However, this number is subject to change and may also be dependent upon the loan type borrowed. For instance, this does not apply to personal loans under $1,000 or single payment loans.

Tennessee law does not limit the minimum or maximum value for a personal loan. The financial institution, however, may set its own limits. Research each bank, credit union and financial lender to better understand what criteria they require before applying for a personal loan.

If you believe you are being overcharged on a personal loan, you may file a complaint with the Tennessee Department of Financial Institutions.

Personal Loans Reviews

Best Egg

Best Egg allows Nashville residents to apply for a personal loan online and have the funds deposited as quickly as one day later. The financial company also has an A+ rating with the Better Business Bureau. Online customer reviews note a fast and easy application process and helpful customer service representatives.

Best Egg Learn More


FreedomPlus provides borrowers with an approval or denial within two to three hours after applying and makes the funds available within three business days. The company allows borrowers to choose their payment date and does not require prepayment fees. Online reviews from Nashville residents cite knowledgeable representatives who are willing to answer questions about loan types and processes.


Cornerstone Financial Credit Union

Cornerstone Financial Credit Union has been providing personal loans to Nashville residents since 1955. The financial institution has six branches around the greater Middle Tennessee area with experienced loan advisors on staff. Local reviews are favorable and mention families who are lifelong members of the credit union.

Cornerstone Financial Credit Union

SunTrust Bank

SunTrust Bank is a nationwide financial institution with multiple locations around Nashville and surrounding towns. In addition to personal loans, customers have access to savings, checking and small business banking accounts. Local customer reviews appreciate the helpful and friendly financial advisors and the wide range of available loan products.

SunTrust Bank