What Is The Highest Amount For A Payday Loan In Alabama

The maximum loan amount you can get with a Payday Loan in Alabama is $500.

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Are Online Payday Loans Legal In Alabama?

Many people living in Alabama want to know if Payday Loans are legal, and the answer is yes. For now, Payday Loans are considered legal in Alabama. If you are a resident of this state, you can take out a Payday Loan for a period of 10 to 31 days with a maximum finance charge of 17.5%.

What Is The Highest Amount For A Payday Loan In Alabama?

Currently, the maximum loan amount Alabama residents can receive is $500. However, in order to be eligible to operate in Alabama, all lenders must be licensed and must disclose all information about loan terms, interest rates, fees, repayment period, and so on.

Payday Loan Statistics Alabama

Every year, about 200,000 people take out Payday Loans in Alabama to cope with both emergency situations and regular expenses.

In 2018, more than 1.7 million loans were disbursed in Alabama, which means that people took out more than 141,000 Payday Loans each month. Moreover, it is important to note that Alabama borrowers repay approximately $100 million in Payday Loan Fees each year.

The Best Direct Payday Lenders In Alabama

If you want to get a Payday Loan in Alabama as quickly as possible, a direct lender is your best bet. Thus, you do not have to overpay third parties or wait for their approval.

Currently the fastest and most reliable direct lender in Alabama is Payday Loan USA Online. By applying you will be able to get the fastest approval with competitive interest rates.

Will I Be Able To Get A Loan Even If I Don't Live In Alabama?

Even if you are not an Alabama resident, you are still eligible to apply for and receive a Payday Loan. So, even if you live in Florida and need funding to meet your emergency needs, Payday Loan USA Online can provide you with a loan online.

Get The Best Loans In Alabama At Payday Loans USA Online

Before applying for Payday Loans USA Online in Alabama, it is important to explore the benefits of this loan offer:

  • Simple and convenient application
  • Completely online funding
  • Fast approval
  • Bad credit is not a problem
  • Payouts directly to a bank account
  • Minimum acceptance criteria
  • Competitive interest rates

Get an instant Payday Loan in any city of Alabama

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PAYDAY LOANS ONLINE -
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Get Cash $100 - $1000+ Today

  • Available even for bad credit applicants.
  • Applying doesn't affect your credit score!

Get Your Money in a Few Clicks

We keep your personal information secured!

By submitting my information, I acknowledge I have read, understand, and agree to the terms of the Privacy Policy and the Terms of Use,I understand that by submitting my information, I may be contacted by telephone by one lender.