Speedy Cash – 5126 Summer Ave #103
4.9
(210 reviews)
Speedy Cash at 5126 Summer Ave #103 in Memphis operates as a short-term lending organization offering payday, installment, and related financial services, focusing on rapid access to cash for customers facing unexpected expenses. The company presents itself as part of a broader nationwide network that provides quick loan options with minimal upfront paperwork, aiming to bridge temporary cash gaps. Its Memphis presence, like other locations, situates within a consumer finance ecosystem that emphasizes accessible storefront funding solutions and financial services tailored to fast cash needs.
History and scope
- The organization positions itself as a longstanding player in the payday and small-loan sector, with multiple Memphis-area storefronts serving local communities.
- Primary functions include loan origination, cash disbursement, and related services such as bill payment and money transfers through affiliated networks.
- Operational scope covers in-store applications and rapid approval processes intended to provide funds promptly to eligible customers, while adhering to applicable state and federal guidelines.
- The Memphis location participates in the broader Speedy Cash brand, which emphasizes convenient access to short-term financial products in urban and suburban markets.
Sources & References
Speedy Cash, 6636 Winchester Rd, Ste 150, Memphis, TN 38115, US
https://www.mapquest.com/us/tennessee/speedy-cash-543263226
Get more information for Speedy Cash in Memphis, TN. See reviews, map, get the address, and find directions
About Us
https://speedycashtoday.com/AboutUs.html
Speedy Cash, 6178 E Shelby Dr, Memphis, TN 38141, US - MapQuest
https://www.mapquest.com/us/tennessee/speedy-cash-414258591
Get more information for Speedy Cash in Memphis, TN. See reviews, map, get the address, and find directions
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Services this business provides
Loan agency
Financial institution
Contact Information
Frequently Asked Questions about Speedy Cash
Speedy Cash has operated in Tennessee since the chain’s expansion into the state in the 2000s, focusing on short-term lending options such as payday loans, installment loans, and title loans. In Memphis, its locations include 5126 Summer Ave #103, and stores often advertise quick funding with limited underwriting and same-day cash options. For official license details, consumer disclosures, and complaints, see state banking or financial services regulators, and the Better Business Bureau profile for Speedy Cash in Tennessee.
Payday lenders in Memphis follow Tennessee state law. Key rules cap loan amounts at $500, limit terms to 31 days, and restrict finance charges to 15% of the loan amount (plus permissible fees). Rollovers are prohibited, and borrowers typically may have multiple loans only under state limits. Memphis regulators support enforcement of these standards, with possible license actions for noncompliance. For precise local enforcement and lender licenses, contact the Tennessee Department of Financial Institutions and the Memphis City Clerk’s office for licensing details.
Speedy Cash offers more than payday loans, including installment loans, title loans, and lines of credit. They also provide money services such as check cashing, money orders, bill payment, and Green Dot Visa debit cards at many locations. For Memphis specifically, Speedy Cash Memphis stores advertise in-store loan options up to several thousand dollars and basic money services to help with immediate financial needs. If you want exact current offerings for the Memphis location at 5126 Summer Ave, Suite 103, you can visit Speedy Cash’s store page or call the store directly for up-to-date details.
Speedy Cash has multiple Memphis-area locations. In Memphis, they operate at 4041 Elvis Presley Blvd; 5126 Summer Ave Suite 103; 6636 Winchester Rd Suite 150; 3303 Austin Peay Hwy; 6636 Winchester Rd Ste 150; and 6178 E Shelby Dr. Nearby options include 4041 Elvis Presley Blvd and 8385 US Highway 64. For complete and current details, visit Speedy Cash’s store locator.
The Tennessee payday loan market has seen intensified scrutiny and reform talks over the last decade, with high-cost, short-term lenders facing renewed calls for tighter regulation. State policymakers, regulators, and advocacy groups highlight concerns about unaffordable debt cycles and APRs that can reach triple digits, prompting discussions on rate caps and consumer protections. Nashville and other cities have pursued financial counseling and empowerment efforts to mitigate predatory effects while lenders defend these products as bridge financing. For more in-depth, Tennessee-specific analyses, see university law reviews and state financial regulator updates.