Thank you for choosing Forward Memphis, a trusted, affordable and sustainable alternative to a payday loan. If you’re facing a financial crisis, we provide access to emergency loans and grants up to $5,000 with no minimum credit score as recommended by your coach. This assistance is made available through a collaboration with our community partners.
If you would like to be considered for our program, please review our requirements:
- Minimum age: 18
- Borrower must have verifiable income confirmed through third-party documentation that demonstrates the ability to repay the loan.
- Live, Work, Worship or Go to School in Shelby County, TN
- Must not be in active bankruptcy or had a bankruptcy discharged in the past 2 years
- Must complete financial coaching by Forward Memphis
To begin our process, we recommend setting aside at least 20 minutes as well as having access to the following documents:
- Current pay stubs or a benefit statement reflecting one month of verifiable income (e.g., 2 pay stubs if you’re paid bi-weekly or semi-monthly; 4 pay stubs if you’re paid weekly; 1 pay stub or benefit statement (social security, pension) if you’re paid monthly). If you are married or in a partnership and living in the same household, please submit income documentation for both parties so we can review your total household income during the application process.
- All recent statements for the past 30 days from any account or platform used to receive income or pay expenses, including checking & savings accounts, Cash App, Apple Cash, Chime, PayPal, or similar services.
- Documentation supporting your emergency need (required only if requesting financial assistance)
Once we receive your interest form and supporting documents, a team member will contact you to schedule a virtual meeting with a financial coach.
If you need to save your form and come back to complete it later, please click the “Save” button at the bottom of each page.
Please note that submission of the Client Intake Form is not a promise that financial assistance will be provided. Financial coaching is a requirement of our program. The source of funds we are able to provide (loan and/or grant) is determined solely by Forward Memphis.
