Alabama Payday Loans

For people who live in Alabama and looking for a way to get an emergency money. One of the fastest way is applying for a payday loans. As the payday loans are depending on the state law, please read the information below to learn about  Alabama payday loans for your advantage.


Alabama payday loans

Alabama Lending Overview


As Alabama state legal maximums is $500.00, lenders usually offer short-term loans between $100 – $500 for borrower who’s Alabama resident. So you can get up to $500 fast cash by next day, or some case you may get fast same day payday loans.

Regarding to the maximum loan fees is $17.50 for every $100.00 of loans approved. You may have to pay $52.50 fee to borrow $300. There are addition interest and fee may apply such as; $30.00 NFS one time fee. However the APR is limit at 456.25%.

To get the loan in Alabama, you must pass the loans requirement following;

  • The borrower must be 18 years old and US citizen
  • The borrower must have a job and you must be earning at least $1000 monthly (Self-employed is allowed for borrower who have income more than $1000)
  • The borrower should have an active saving account.
  • The borrower must have valid social security number


Where to apply for the Alabama Payday Loans?


There are some cash store in Alabama state, borrower can go to apply for the payday loans. However the very easy way to apply the loans in online service. There are a lot of website provide the payday loans. Just search for the payday loans and applying online via the website. The processing is just fill out an application and wait for an approval result.

For those who have a good credit history, there is a personal loan directly they can obtain from local bank in Alabama. The local bank always provide the great solution with rate and fee lower than payday loans, but they need more paper work, more verification and also credit check.  The complicated process always come with the better rate loans optional such as; lower interest, longer term, much more loans amount and more.

However, for people who just needed small money in a short time. It’s not too bad to get the payday loan for immergency situation.  The payday loans service is available to Alabama customers, and so easy to find. Just go online and search for “Alabama payday loans” or click the link visit our article of “Best Lender in Alabama”.