Payday Loans in De Armanville, Alabama

All Credits Welcome!

If you have a bad credit score, then don’t worry – it’s not an issue for us!

TGL Loan Services

You can get your money fast after filling out the simple form on the "Get Started" page! Lenders cannot guarantee the approval, but they could approve your loans, even if you are unemployed, receiving government benefits.

Fast Money In Your Bank

You can get your money within hours after filling out the form! We work 24/7 for you!
  • This form is protected with secure 256-bit SSL encryption
  • By clicking “Get Started”, I consent and agree to the Privacy Policy and Terms of Use.

No payday loan companies in De Armanville, AL. Consider companies in other cities:

Company nameAddressZip codePhone number
BankFirst 30966 US-278, Addison, AL 35540 +1 (256) 747 - 1406
NobleBank & Trust 646 Valley Cub Dr, Alexandria, AL 36250 +1 (256) 847 - 2810
Covington Credit 505 US-80 West, Demopolis, AL 36732 +1 (334) 287 - 3792
Johnston Motor Co 2150 US-101, Florence, Oregon +1 (541) 997 - 3475
Peoplestrust Bank 1281 Military St S, Hamilton, AL 35570 +1 (205) 921 - 9400
Sun Loan Company 3123 Ross Clark Cir #4, Dothan, AL 36303 +1 (334) 678 - 0073
Southern Independent Bank 503 N Main St, Opp, AL 36467 +1 (334) 493 - 2265
Liberty Tax and Loans 1713 E 280 Byp Suite A, Phenix City, AL 36867 +1 (334) 298 - 8586
Barri Agent 104 N Ripley St DRIVE, Samson, AL 36477
Eagle Title Loans 616 US-31 F, Athens, AL 35611

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in De Armanville, AL, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Mountain Brook, AL, Payday Loans in Northport, AL, Payday Loans in Opelika, AL, Payday Loans in Oxford, AL, 24-Hour Loan in Pelham, AL, Payday Loans in Pell City, AL, Payday Loan Companies in Phenix City, AL and Short-term Loans in Prattville, AL. But also, you can apply for a loan online, not coming out of your home. Just fill out a simple application on our website and we will connect you with trusted direct lenders in De Armanville, AL.

Are Payday Loans Legal In De Armanville, Alabama?

Loan Rates and Fees, Laws and Regulations in Alabama.

Alabama Loan Regulations

Legal StatusLegal
Interest Rate (APR, %)456
Maximum Loan Amount$500
Minimum Loan Term10 days
Maximum Loan Term31 days
Number of Rollovers Allowed1
Finance Charges17.5% of the amount advanced

De Armanville, AL payday loan calculator

Payday Loans in De Armanville, Alabama: A Comprehensive Guide

Payday loans are a popular type of short-term loan that people use for various reasons. If you’re in De Armanville, Alabama, and looking for a payday loan, this guide will provide you with all the information you need to know before taking out a loan.

What are Payday Loans?

Payday loans are short-term loans that are typically taken out to cover unexpected expenses until a borrower’s next payday. They are unsecured loans, meaning they don’t require collateral, and are often available to people with poor credit scores and those who can’t get traditional bank loans.

In Alabama, payday loans are legal. The maximum amount a borrower can take out is $500. The loan terms vary but can range from 10 to 31 days. The maximum finance charge is 17.5% of the loan amount. If a borrower can’t pay back the loan on time, they can roll it over up to four times. However, this comes with additional fees and interest, which can make it more difficult to pay off the loan.

How Do Payday Loans Work?

The process of getting a payday loan is relatively straightforward. First, the borrower fills out an application, providing personal information, employment information, and their bank account information. The lender will then review the application and approve or deny the loan. If approved, the borrower will receive the funds, usually in cash or deposited into their bank account. The borrower then has to pay back the loan on the agreed-upon date, along with any additional fees and interest.

Requirements for Getting a Payday Loan in De Armanville, Alabama

To get a payday loan in De Armanville, Alabama, there are a few requirements that borrowers must meet:

  • Be at least 19 years old
  • Have an active checking account
  • Provide proof of income, such as a pay stub or bank statement
  • Provide a valid phone number and email address

Benefits and Risks of Payday Loans

Payday loans can offer several benefits to borrowers:

  • Easy access to funds, even for those with poor credit
  • Funds can be used for any purpose
  • The application process is quick and straightforward

However, there are also several risks associated with payday loans:

  • High-interest rates and fees can make them expensive
  • Borrowers can get trapped in a cycle of debt if they are unable to pay off the loan on time
  • Some lenders may engage in predatory lending practices, which can be harmful to borrowers

Interesting Facts About Payday Loans in De Armanville, Alabama

Here are some interesting facts and statistics about payday loans in De Armanville, Alabama:

  • De Armanville is a small unincorporated community in Calhoun County, Alabama, with a population of around 1,300 people.
  • In Alabama, payday lenders are regulated by the State Banking Department and must comply with certain rules and regulations.
  • The average payday loan amount in Alabama is $320.
  • According to a report by the Center for Responsible Lending, the average APR in Alabama for a payday loan is 456%.

Apply Now for a Payday Loan in De Armanville, Alabama

If you need a payday loan in De Armanville, Alabama, TheGuaranteedLoans can help connect you with potential lenders. We provide a convenient online application process that is easy to use and can help you get the funds you need quickly. We are not a direct lender, but we work with reputable lenders to help our customers get the best rates and terms. Apply now and see if you qualify!

F.A.Q.

What are payday loans in De Armanville, Alabama?

Payday loans in De Armanville, Alabama are short-term, high-interest loans that are designed to be repaid on the borrower's next payday. These loans are often used to cover unexpected expenses or to bridge the gap between paychecks.

How do payday loans in De Armanville, Alabama work?

To take out a payday loan in De Armanville, Alabama, a borrower typically writes a check for the amount of the loan plus a fee, which the lender holds until the borrower's next payday. On that date, the borrower has the option to either repay the loan in full, including the fee, or roll the loan over for another term by paying only the fee.