Title Loan Activity in the 37421 Area
15
Loans Funded
$1,690
Average Loan Amount
2009
Average Vehicle Year
Recent Loans Near 6000 Lee Hwy
| Year | Make | Model | Miles | Funded Amount |
|---|---|---|---|---|
| 2015 | Volkswagen | Jetta | 145,000 | $800 |
| 2017 | Chevrolet | Impala | 144,000 | $3,000 |
| 2010 | Mercedes-Benz | C Class | 201,000 | $1,600 |
| 2011 | Land Rover | Range Rover Sport | 100,000 | $3,000 |
| 2006 | Jeep | Liberty | 2,000 | $1,380 |
Actual loan amounts vary based on vehicle condition, mileage, and state regulations.
Most Common Vehicles
Mercedes-Benz ($2,717 avg), Ford ($634 avg), Chevrolet ($3,000 avg)
Know Before You Borrow 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)
For complete Tennessee title loan regulations and consumer protections, visit our full Tennessee guide.
Quick Answers About Title Loans in Chattanooga
Mercedes-Benz is the most common vehicle among title loan borrowers in the 37421 area, with 3 loans funded. The average loan amount for a Mercedes-Benz here is $2,717, with an average of 149,000 miles on the odometer.
Yes. The average vehicle year among borrowers in the 37421 area is 2009. A 1997 Ford Crown Victoria with 130,439 miles recently qualified for $450 near Chattanooga. Your vehicle’s condition and value matter more than its age.
How much you can borrow in Chattanooga depends mainly on your car’s current market value and your income. Tennessee law sets no minimum or maximum title loan amount. Most borrowers qualify for up to about 50% of their vehicle’s value. Apply online to get a free estimate.
Yes, your car can be repossessed if the loan is not repaid by the due date. Repossession can proceed without a court order. You must receive reasonable notice before the vehicle is sold, and you can reclaim it by paying the full balance before the sale. Tennessee law does not allow a deficiency judgment — the vehicle is the lender’s only remedy. Reach out early if you are having trouble making a payment.
