Installment Loans in Franklin, Alabama

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No installment loan companies in Franklin, AL. Consider companies in other cities:

Company nameAddressZip codePhone number
Advance America 1210 S N US Hwy 231, Ozark, AL 36360 +1 (334) 774 - 3856
Advance America 3185 AL-1, Roanoke, AL 36274 +1 (334) 863 - 4907
World Finance 28 Court Sq, Ashland, AL 36251 +1 (256) 354 - 1491
TitleMax Title Loans 912 1/2 Rucker Blvd, Enterprise, AL 36330
EZ Finance 1825 13th Ave N, Bessemer, AL 35020 +1 (205) 426 - 8794
Cash 2 Go 3909 US-80, Phenix City, AL 36870 +1 (334) 298 - 0612
Always Money 2124 Cogswell Ave, Pell City, AL 35125
Lending Bear 913 Rucker Blvd Suite 41, Enterprise, AL 36330 +1 (334) 393 - 2801
Title Cash 3658 Cloverdale Rd, Florence, AL 35633 +1 (256) 764 - 2682
Advance America 726 E Battle St, Talladega, AL 35160

Installment Loan Companies in Nearby Cities

If there are no installment loan companies in Franklin, AL, you can try to find different companies in big cities nearby. Check out the following pages here: Installment Loans in Cullman, AL, Installment Loans in Daphne, AL, Installment Loans in Decatur, AL, Installment Loans in Dothan, AL, Installment Loans in Enterprise, AL, Installment Loans in Eufaula, AL, Installment Loans in Florence, AL and Installment 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 Franklin, AL.

What Are Installment Loans in Franklin, Alabama?

Installment loans are a type of loan where you borrow a fixed amount of money and repay it over a set period, typically in regularly scheduled payments. These loans are legal and popular in Alabama, with many lenders offering these types of loans to help individuals in need of financial assistance.

How Do Installment Loans Work?

Installment loans in Franklin, Alabama work like most other installment loans. You borrow a specific amount of money and agree to repay it over a pre-determined period. Your payment schedule typically consists of monthly payments that include both principal and interest. Typically, installment loans have longer repayment terms than payday loans, which can help make your payments more affordable.

The amount you can borrow varies depending on the lender, your credit history, and other factors. In general, the better your credit score, the more you may be able to borrow. However, even if you have poor credit, you may still be able to secure an installment loan. Some lenders are willing to work with borrowers who have less than perfect credit.

Benefits of Installment Loans in Franklin, Alabama

  • Flexible payment options that fit your budget
  • Access to higher loan amounts than payday loans
  • Lower interest rates compared to other lending options
  • Opportunity to improve your credit score with timely payments

Requirements for Obtaining Installment Loans in Franklin, Alabama

The requirements for obtaining installment loans in Franklin, Alabama vary depending on the lender. However, most lenders will require you to provide proof of income and employment, a valid ID, and a checking account to receive the loan funds. Some lenders may also perform a credit check and may require additional documentation.

Interesting Facts and Statistics About Installment Loans in Franklin, Alabama

  • In Alabama, lenders can charge up to 17.5% in interest rates for installment loans.
  • The average loan amount for installment loans in Alabama is $1,000.
  • Alabama law requires installment loan borrowers to enter into a written agreement with the lender that outlines the terms of the loan.
  • Alabama law also requires lenders to provide borrowers with a detailed repayment schedule that outlines the amount of each payment, the due date, and the total amount due.

Apply Now

If you’re interested in obtaining an installment loan in Franklin, Alabama, TheGuaranteedLoans can help. We are a connector service, not a direct lender, and we work with a network of reputable lenders who are willing to work with borrowers of all credit backgrounds. Fill out our online application to see if you qualify for an installment loan today.

Installment Loans Available in Franklin, AL By The Following ZIP Codes:

36444

Franklin, AL installment loan calculator

F.A.Q. About Installment Loans

Can I get No Credit Check Loan in Franklin, AL?

Yes, you can get a no credit check loan in Franklin, AL when you apply online.

How to Get a Bad Credit Loans in Franklin, AL?

To apply for a bad credit loan in Franklin, AL, you need to find a direct loan lender online.