Payday Loans in Oak Hill, 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 Oak Hill, AL. Consider companies in other cities:

Company nameAddressZip codePhone number
Lendmark Financial Services LLC 2701 Mall Rd Suite 14, Florence, AL 35630 +1 (256) 275 - 4052
Liberty Finance Fort Payne 1949 Gault Ave N, Fort Payne, AL 35967
Mutual Savings Credit Union 1030 Lee St, Alexander City, AL 35010 +1 (256) 234 - 3821
Quick Money Loans 2314 Clinton Ave W, Huntsville, AL 35805 +1 (256) 489 - 2400
Cash Tyme 535 Broad St, Selma, AL 36701
Security Finance 409 W ByPass, Andalusia, AL 36420
pls Loan Store 1400 Woodfin Ln # D, Clanton, AL 35045
Parkway Finance Company 1545 Center Point Pkwy, Birmingham, AL 35215 +1 (205) 853 - 3339
Community Neighbor Bank 16 Camden Bypass, Camden, AL 36726 +1 (800) 422 - 0198
Advance America 233 Supercenter Dr, Calera, AL 35040

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Oak Hill, AL, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Cullman, AL, Payday Loans in Daphne, AL, No Credit Check Loans in Decatur, AL, Payday Loans in Dothan, AL, Payday Loans in Enterprise, AL, Payday Loans in Eufaula, AL, Guaranteed Loans in Florence, AL and Payday Loans in Foley, 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 Oak Hill, AL.

Payday Loans Available in Oak Hill, AL By The Following ZIP Codes:

36766

Are Payday Loans Legal In Oak Hill, 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

Oak Hill, AL payday loan calculator

What Are Payday Loans in Oak Hill, Alabama?

Payday loans are short-term loans that typically involve borrowing a small amount of money at a high-interest rate. These loans are usually due on the borrower’s next payday and are meant to provide quick cash to individuals in need of immediate financial assistance. Payday loans in Oak Hill, Alabama are legal, which means that residents of Oak Hill can access these loans when they need them.

How Do Payday Loans Work in Oak Hill, Alabama?

The process of obtaining a payday loan in Oak Hill, Alabama is relatively straightforward. Borrowers typically start by filling out an online application on TheGuaranteedLoans website. The application asks for basic information, such as name, address, employment status, and income. Once the application is submitted, TheGuaranteedLoans connects the borrower with potential lenders.

If a lender approves the application, the borrower will receive the funds in their bank account, usually within one to two business days. On the borrower’s next payday, the loan amount plus interest and fees will be automatically deducted from their bank account.

What Are the Requirements for Payday Loans in Oak Hill, Alabama?

To qualify for a payday loan in Oak Hill, Alabama, an individual must be at least 18 years old and provide proof of income and a valid bank account. Some lenders may have additional requirements, such as a minimum credit score or employment history. However, these requirements vary depending on the lender, so it’s important to check with the lender before applying.

What Are the Benefits of Payday Loans in Oak Hill, Alabama?

Payday loans in Oak Hill, Alabama can provide several benefits to residents who need immediate financial assistance. Some of the benefits of payday loans include:

  • Quick access to cash: Payday loans provide borrowers with quick access to cash, which can be helpful in emergency situations.
  • No collateral required: Payday loans typically don’t require collateral, such as a car or house, which means that borrowers don’t have to worry about losing their assets if they can’t repay the loan.
  • No credit check required: Payday lenders typically don’t perform a credit check, which means that borrowers with bad credit or no credit history can still qualify for a loan.
  • Easy application process: Payday loans have a simple application process, which can be completed online from the comfort of one’s own home.

What Are the Risks of Payday Loans in Oak Hill, Alabama?

While payday loans in Oak Hill, Alabama can provide quick access to cash, they also come with several risks that borrowers should be aware of before applying. Some of the risks of payday loans include:

  • High-interest rates: Payday loans typically come with high-interest rates, which can make them more expensive than traditional loans.
  • Short repayment terms: Payday loans are usually due on the borrower’s next payday, which means that borrowers may not have enough time to pay back the loan and cover their other expenses.
  • Potential for debt cycle: Because payday loans are due on the borrower’s next payday and can be expensive, some borrowers may find themselves in a debt cycle where they have to take out another loan to cover the previous loan’s expenses.
  • Potential for predatory lending: Some payday lenders may engage in predatory lending practices, such as charging excessive fees or extending loans to borrowers who cannot afford to repay them.

Interesting Facts and Statistics About Payday Loans in Oak Hill, Alabama

– In Alabama, the average payday loan amount is $350 to $400, with an average interest rate of 456%.

– In 2019, Alabama lawmakers considered several bills that would have placed additional restrictions on payday lenders in the state, but none of the bills passed.

– According to a 2020 report by the Alabama Appleseed Center for Law and Justice, payday lenders in Alabama took $160 million in fees from borrowers in 2019.

Apply Now

If you need immediate financial assistance and are interested in applying for a payday loan in Oak Hill, Alabama, fill out our online application on TheGuaranteedLoans website today. Please note that TheGuaranteedLoans is a connector service, not a direct lender. We will facilitate your connection with potential lenders who can provide you with the cash you need.

Remember to borrow responsibly and only take out a loan if you can afford to repay it on time. If you have any questions about payday loans in Oak Hill, Alabama, or the application process, please don’t hesitate to contact us.

F.A.Q.

What is a payday loan in Oak Hill, Alabama?

A payday loan in Oak Hill, Alabama is a short-term loan that is designed to provide borrowers with quick access to cash. These loans are typically small in size, with most ranging from $100 to $500, and are meant to be repaid within a few weeks, usually on the borrower's next payday.

Are payday loans legal in Oak Hill, Alabama?

Yes, payday loans are legal in the state of Alabama. However, the state has strict regulations in place to protect borrowers from predatory lending practices.