Payday Loans in Alabama
Experiencing financial difficulties and looking for a suitable payday loan in Alabama? It has become easier than ever before. Payday loans Alabama are available online, and you can get the required amount of cash as fast as the same or the next business day from the comfort of your home. Payday loans and cash advance in Alabama are getting more and more popular since they help you cover unexpected expenses or weather cash crunch when our payday is nowhere near. It might be the best solution because what online lenders offer here in Alabama is trust, speed and convenience.
Let us examine the procedure of obtaining a payday loan in AL in more detail. There are some crucial moments you have to know before you decide to apply for a cash advance or payday loan online.
- First and foremost, a payday loan is a short-term loan and has to be paid within the period of 10-31 days.
- You can use your cash for different purposes: it may be paying utility bills or legal fees, home repairs or other urgent expenses.
- You can get a payday loan either in a payday loan store or online.
- The requirements for getting an online payday loan in Alabama are simple and easy to meet - you have to be at least 19 years old, have a guaranteed source of income of at least $1000 and have a checking or savings account in your bank.
When you apply for a payday loan Alabama, you can be definitely sure that all your transactions are strictly confidential. A typical online payday loan is no more expensive than other types of loans and is quite affordable. Most importantly, even if you have bad credit or a bankruptcy, there is a chance for you to take advantage of cash advance Alabama. In contrast to conventional banking loans, there is no need to waste your time in long lines. All you have to do is to fill out an online form and, if approved, get instant confirmation and have your cash transferred to your account within one business day.
And last but not least - terms of repayment. Payday loan lenders in Alabama offer various repayment options, i.e. you can get an extension plan in case you are not able to pay back your loan in full on the due date. Solve your problems today - do not put them off till tomorrow. Pick the right payday lender and get your cash delivered to your doorsteps. Hassle-free. No red tape. It is not only the direct lender search service that we offer. It is peace of mind and the type of service you can always rely on.
|Statute Citation||Regulator||Interest Fee||Renewals||Cooling Off Period||Maximum Loan Amount||Minimum Loan Term||Maximum Loan Term|
|Deferred Presentment Services;
Ala. Code §5-18A-1 et seq.
|State Banking Department||17.5% of amount of loan||1||Next business day after rollover is paid in full||$500 (industry-wide)||10 days||31 days|