Payday Loans in Salem, Alabama

Payday Loan Companies in Salem, AL

Company nameAddressZip codePhone number
Progressive Ozark Bank - Salem, MO +1 (573) 729 - 4146

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Salem, AL, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Prichard, AL, Payday Loans in Sylacauga, AL, Payday Loans in Talladega, AL, Payday Loans in Troy, AL, Guaranteed Loans in Trussville, AL, 24-Hour Loan in Tuscaloosa, AL, Guaranteed Loans in Valley, AL and Quick Loan in Vestavia Hills, 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 Salem, AL.

Are Payday Loans Legal In Salem, 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

Salem, AL payday loan calculator

F.A.Q.

Is there a limit on the amount of fees and interest that a payday lender can charge in Salem, Alabama?

Yes, there is a limit on the amount of fees and interest that a payday lender can charge in Salem, Alabama. The state has specific regulations in place that limit the amount of fees and interest that can be charged on payday loans. Lenders are required to disclose the fees and interest charges associated with the loan upfront, and borrowers should carefully review these charges before agreeing to the loan.

Can a payday lender garnish my wages if I default on my loan in Salem, Alabama?

Yes, a payday lender can garnish your wages if you default on your loan in Salem, Alabama. If you are unable to repay your payday loan, the lender may be able to take legal action to collect the debt, including garnishing your wages. It is important to avoid defaulting on your loan if at all possible, as this can have serious consequences.

How Many Cash Advance Companies are in Salem, AL?

With the help of our service, you will be able to find 1 cash advance companies in Salem, AL

What Cash Advance Companies in Salem, AL are the most popular?

You should check Progressive Ozark Bank - Salem, MO. Also, you can start your application online on our website.