Time Finance is a small-dollar lender based in Memphis, Tennessee, operating from a single physical location at 1924 Madison Ave. The company has been serving borrowers seeking immediate cash for unexpected expenses through a straightforward phone application process. Their service model emphasizes accessibility and speed, positioning themselves as a solution for consumers facing short-term financial gaps.
Time Finance specializes in small emergency loans ranging from $100 to $1,050, structured with easy monthly installment payments rather than single lump-sum repayment. The company advertises fast approvals and accepts applications entirely by phone (901-729-2727), eliminating the need for in-person visits or complex online applications. They also promote a referral incentive program offering $100 for customer referrals.
The company distinguishes itself primarily through accessibility claims—advertising "fast approvals" and stating they "accept all applications," suggesting a lenient underwriting approach compared to traditional banks. Operating as a local, single-location lender also differentiates them from larger online emergency lenders, though this geographic limitation restricts their service area.
Time Finance operates in the high-risk lending space where APRs and fees are not disclosed on their website, a critical transparency gap. Without published terms, borrowers cannot evaluate true cost before calling. The company's catchphrase of accepting "all applications" suggests likely high interest rates typical of small-dollar lenders. Limited online presence and single-location operation raise questions about regulatory oversight and modern consumer protections.
