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.

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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

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Customer Notice: Cash advance loans should be used for short-term personal requirements primarily, not as long-term budgetary remedies. Clients together with credit score issues ought to look for credit advice. Subject to state regulations, qualification, credit check, underwriting and approval. Rates, terms and conditions apply

Client Guidance: Payday loans are generally designed as a temporary financial bridge that allows individuals to borrow a modest amount of money until their next paycheck arrives. This type of loan is often used as an immediate financial remedy for unforeseen expenses, especially for those lacking a financial cushion or significant savings. If you find yourself struggling to manage your finances and considering a payday loan, it's crucial to consult with a qualified financial advisor. It's also important to familiarize yourself with the specific payday loan laws in your jurisdiction.

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