Alabama Payday Loan
If you need a payday loan in Alabama, then SameDayPayday can help you get one quickly, efficiently and confidentially. Once approved, your payday loan will be in your account typically within one business day, so there's no waiting for funds once the loan has been processed. The application procedure is quick and easy, and you can get approved for a loan in minutes. SameDayPayday loans should be considered quick-fix loans and so usually range in amounts of $100 to $500 dollars- just enough to keep you financially afloat between pay checks. Payday loans are meant for short-term and urgent needs such as car repair, repayment of personal debts, emergency cash, or an unexpected financial loss. Payday loans are meant to be repaid quickly, within a couple of weeks; they are not long-term loans and are, therefore, regulated differently than a bank loan.
The state motto of Alabama is: “We dare defend our rights.”
Payday Loan Lending Laws of Alabama
In late 2003, a law was passed by the Alabama state legislature that legalized most types of payday loans and courts have ruled that payday loans fall into a different category from other small loans. The upshot is that it is now legal for residents of Alabama to use such payday loan services. By 2011, there were 1,067 licensed facilities offering payday loans, and the number is likely to have grown exponentially since then. In an internet search early 2017, “payday loans Alabama” turned up 491,000 hits!
When so many payday loan lenders abound, choosing the payday loan that is most suitable for you and your situation may seem overwhelming. Let SameDayPayday help you in triumph over financial constraints with a quick, efficient and confidential payday loan to keep you going until your next payday.
Alabama Payday Loan - Cities