Best Payday Loans in Alabama, AL
Borrow Online Today and Repay in 1, 3, 6 or 12 Months
Dime Alley can help you to find you the best payday loan ASAP in Alabama that suits you, whether you are in Birmingham, Huntsville or Montgomery! With Dime Alley, you could borrow as little as $100 or as much as $35,000 to help you through your time of financial need, and receive the funds in as soon as one hour! To apply online, simply click on ‘Get Started‘ below.
How To Apply For Payday Loans with Bad Credit
Where Can I Get a Payday Loan in Alabama?
You can get a Payday Loan no matter which major town or city in Alabama you live in – we cover them all! We will help you to find a lender and plan that personally suits you, and it is all done completely online and hassle-free! As a loans connection service, we process your application against hundreds of direct money lenders, apps and payday stores to find you the best approval and most competitive rate.
Therefore, if you are thinking about going to lots of different payday lenders and waiting for your application to be approved, think again! With Dime Alley, we process everything for you quickly and hassle-free, and, if approved, you could be receiving your loan in less than 24 hours.
Am I Eligible for a Payday Loan in Alabama?
Yes, you are eligible to qualify for a payday loan in Alabama if you meet a few simple criteria!
- You must be a US resident, over the age of 18.
- You should have a stable, regular income, earning a minimum of $800 per month.
- You should have a valid mobile phone account and a live checking account (for your loan to be deposited into).
What Should I Consider Before Getting a Payday Loan in Alabama?
You should first check that you meet the eligibility criteria (see above) before you apply. Make sure you consider whether you can afford to meet the repayments on time.
In the case that you are unable to repay your Alabama payday loan, interest may be added. Not repaying your loan on time may also affect your credit score. It would be best if you thought about how much you actually need to borrow before getting started.
What Are The Rules on Payday Loans in Alabama, AL?
| Are Payday Loans Legal? | Yes |
| Maximum Loan Amount | $500 |
| Minimum Loan Term | 10 days |
| Maximum Loan Term | 31 days |
| Price Cap | 456% |
| No. of Rollovers Allowed | 1 |
| No. of Installments Allowed | 4 |
| Finance Charges | 17.5% Max |
| Statute of Limitations | 6 Years Since Last Payment |
Can I Get Title Loans in Alabama?
Yes, you can get a Car Title Loan in Alabama!
Auto loans in Alabama work similarly to title loans in other states although Alabama has stricter laws which protect you, the borrower.
Generally, title loans work by providing a loan amount of 25% to 50% of the vehicle’s value and using your vehicle as collateral. Because they are secured loans, the lender can repossess the car if you fail to meet the terms of the loan.
How Long Will it Take to Get a Payday Loan in Alabama?
You could get your payday loan in Alabama could take as little as an hour, or sometimes as soon as the next business day!
With Dime Alley, your online form is sent to lenders across Alabama, and you’ll receive an instant decision. If your request is accepted, you’ll find the money in your account as fast as possible.
Can I Get Payday Loans in Birmingham, Huntsville and Montgomery?
Yes! Dime Alley offers payday loans in Birmingham, Huntsville and Montgomery, as well as all other major towns and cities in Alabama. Our process is all online, which means you can even apply for a payday loan whilst lying in bed!
We proudly cover all areas of Alabama, including Birmingham, Huntsville, Montgomery, Mobile, Tuscaloosa, Hoover, Dothan, Auburn and more!
Where Can I Get a Payday Loan in Alabama, AL?
Alabaster
Albertville
Alex City
Alexander City
Alexandria
Aliceville
Andalusia
Anniston
Arab
Athens
Atmore
Attalla
Auburn
Bay Minette
Bayou La Batre
Bessemer
Birmingham
Boaz
Brewton
Bridgeport
Bryant
Butler
Carbon Hill
Centre
Chelsea
Chickasaw
Childersburg
Clanton
Cleveland
Crossville
Cullman
Dadeville
Daleville
Daphne
Decatur
Demopolis
Dora
Dothan
Eight Mile
Enterprise
Eufaula
Evergreen
Fairfield
Fayette
Florence
Foley
Fort Payne
Fyffe
Gadsden
Gardendale
Geraldine
Greensboro
Greenville
Gulf Shores
Guntersville
Haleyville
Hamilton
Hanceville
Hartselle
Heflin
Helena
Henagar
Hillsboro
Hope Hull
Horton
Huntsville
Ider
Jackson
Jacksonville
Jasper
Lafayette
Lanett
Leeds
Lincoln
Lineville
Madison
Magnolia Springs
Maylene
Mc Calla
Millbrook
Mobile
Monroeville
Montevallo
Montgomery
Moody
Moulton
Mount Meigs
Muscle Shoals
Northport
Oneonta
Opelika
Opp
Oxford
Ozark
Pelham
Pell City
Phenix City
Piedmont
Prattville
Prichard
Rainbow City
Rainsville
Roanoke
Robertsdale
Russellville
Saraland
Scottsboro
Section
Selma
Semmes
Spanish Fort
Stevenson
Sulligent
Sylacauga
Talladega
Tallassee
Thomasville
Toney
Troy
Tuscaloosa
Vernon
Vinemont
Wetumpka
Winfield
Woodstock
York
What People Say About Us
“I found the experience overall easy to use. I had to sign an agreement online and all the terms were there and very clear. I would do it again if I needed some money.”
Imani, Georgia, March 2021
“I need a loan to pay back a friend and it was all very quick and easy to get a couple of hundred bucks which I repaid over a couple of weeks.”
Malik, California, December 2022
“Personal and friendly, they did what they said they would do, I was approved for a loan although I have bad credit. It was just a short term thing, but has helped me and my family.”
Merryl, Texas, September 2021
Frequently Asked Questions
How Much Can I Borrow in Alabama?
With Dime Alley, you could find payday loans ranging from $100 to $35,000 – with the amount you can borrow based on factors like your monthly income, credit status and affordability.
Other things come into play too, including your residence (homeowners are often preferred), age and whether you have any other similar loans open too.
Is There a Price Cap on Alabama Loans?
A payday loans interest cap is a limit on how much interest lenders are allowed to charge borrowers for taking out a payday loan.
In Alabama, the cap is currently marked at 456%.
Price caps on payday loans are designed to prevent predatory lending.
What is the Repayment Period on my Alabama Payday Loan?
Customers can repay over 1 month to 60 months (or equal to 5 years) – this will depend on whether you prefer the payday option which may be just a few weeks or months, or the longer installment option which can be several years to stretch out your repayments.
Payments are usually made in equal monthly installments from the bank account you choose and you always have the option to repay early if you would like to do so.
Am I Charged a Fee for using Dime Alley?
No! We will never charge fees for using our service.
Instead, we take a fee or commission from the lender if your application is approved and successful. The lenders will charge a daily or monthly interest if your loan is active and this will be presented to you in writing before you proceed.
Can I Get a Payday Loan with No Credit Check?
Dime Alley will consider those looking for no credit check loans, but note that a credit check is usually carried out for all customers.
Is Dime Alley a Broker?
Yes! Dime Alley is a broker, meaning that if you’re approved, we don’t provide the funds for your loan directly. Instead, we connect you to a lender best suited to your situation from our trusted panel.
Do not worry though, your information is completely secure and will not be sent or shared with any other companies or third parties and we certainly will not charge you anything for using our service.