Payday Loan in Alabama – List of Best Alabama Payday Loan

Any person that is having a financial challenge can find it difficult to get the cash they need. This challenge has been made worse by the down turn in the economy. The credit market frozen banks were not lending to one another, let alone the average consumer. While the banks are lending again they are only doing so with the most credit worthy clients. If an individual has bruised credit they might not be able to get a loan from a bank or major financial institution they might be a good candidate for a payday loan in Alabama.


Best Alabama Payday Loans

These payday lenders below have license in Alabama. You can apply them online now and get fund as soon as tomorrow.

No
Provider
Review
APR
Visit Site
1
AmeriAdvance
Varied
Go to AmeriAdvance
2
Paydaymax
431.79%-616.85%
Paydaymax
3
Plain Green Loans
59.84% �?378.95%
Go to Plain Green Loans
4
MyCashNow
401.13%-573.05%
MyCashNow
5
Discount Advances
401.13%-573.05%
Discount Advances
6
100 Day Loans
36%�?51.79%
100 Day Loans
7
Cashnet USA
243.25%�?83.04%
Cashnet USA
8
Check City
Varied
Check City
9
Cash Central
Varied
Cash Central
10
CashAdvance
Varied
Go to CashAdvance.com

These loan facilities have been around for many years however it was only recently that the public as a whole has become aware of the facility. This financial product was designed to serve individuals that work and earn a salary or wage; if a person is self employed they would not be a candidate for this facility. What makes these type of loans very attractive to most people is the relative ease it takes to get a decision whether the loan is approved or not. With large financial institutions they can take days or weeks to make a decision and this is not helpful when a person needs cash right away. Another problem with borrowing from large institutions is their hours of operation. Most people work during normal banking hours and to take time off to try and get cash is a hassle.

The businesses that offer Alabama payday loans have very convenient hours of operation and at the same time they give clients an immediate decision on how much they have been approved to borrow. These lenders are also understood that sometimes a client can have credit challenges which are a major reason they do not look at the credit score of the consumer. Credit is only a problem if the person is bankrupt and has not been discharged from it. This is not a decision made by the lenders the law strictly prohibits anyone taking out a loan while they are an undischarged bankrupt.

To make the process as smooth as possible when visiting these payday loan providers in Alabama a person should bring along their latest payslip and their check book. Once the client fills out an application the lender needs to look at the latest payslip to calculate how much a person can borrow. When the decision has been made which is a very fast decision the lender will make a proposal for the client to decide whether they want to accept or turn down the offer.

If an individual does accept the offer they will need to write out a check and date it for their next pay date. The check will be made payable to the lender and will include the amount borrowed plus any fees associated with the service. Once that has been done a person will walk out of the payday loan office with their money to meet their urgent need for cash. This service can be a real life saver for an individual when the banks say no and family members are not able to help out in a time of great need for money.

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