Installment Loans in Uniontown, 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 installment loan companies in Uniontown, AL. Consider companies in other cities:

Company nameAddressZip codePhone number
Local Cash Advance & Title Pawn 302 N Center Ave, Piedmont, AL 36272
Regional Finance 583 N Brindlee Mountain Pkwy, Arab, AL 35016
Quick Credit 4710 University Dr NW Ste 17-B, Huntsville, AL 35816 +1 (256) 382 - 7376
Lendmark Financial Services LLC 2701 Mall Rd Suite 14, Florence, AL 35630 +1 (256) 275 - 4052
Credit Central 1107 7th St S, Clanton, AL 35045 +1 (205) 755 - 2206
Credit Central 3140 Ross Clark Cir, Dothan, AL 36303 +1 (334) 792 - 7864
TitleMax Title Loans 1048 US-80 West, Demopolis, AL 36732 +1 (334) 289 - 0045
Cash 2 Go 1604 S Main St, Atmore, AL 36502
Speedee Cash 1000 7th St S, Clanton, AL 35045
Regions Bank 105 W Main St, Livingston, AL 35470 +1 (205) 303 - 2150

Installment Loan Companies in Nearby Cities

If there are no installment loan companies in Uniontown, AL, you can try to find different companies in big cities nearby. Check out the following pages here: Installment Loans in Prichard, AL, Installment Loans in Sylacauga, AL, Installment Loans in Talladega, AL, Installment Loans in Troy, AL, Installment Loans in Trussville, AL, Installment Loans in Tuscaloosa, AL, Installment Loans in Valley, AL and Installment Loans 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 Uniontown, AL.

Introduction

Installment loans are an increasingly popular choice among borrowers in Uniontown, Alabama, and for good reason. An installment loan allows borrowers to obtain a lump sum of money upfront and repay it over time with regular, fixed payments. This means borrowers can budget more effectively and avoid any surprise payment increases. In this article, we will explore installment loans in Uniontown, Alabama, including the legal requirements, how they work, and the benefits of using them.

The Legal Requirements of Installment Loans in Uniontown, Alabama

Installment loans are legal in Alabama, and Uniontown residents are free to apply for them. However, there are specific laws and regulations that lenders must follow to be compliant. According to Alabama state law, installment loans must have a maximum term of 36 months and a maximum annual percentage rate (APR) of 220%. These regulations exist to protect consumers from predatory lending practices and ensure they are not charged exorbitant fees.

How Do Installment Loans Work?

Typically, borrowers apply for an installment loan online or in-person with a lender that offers them. The lender assesses the borrower’s creditworthiness and makes a decision about whether or not to approve the loan. If approved, the borrower receives a lump sum of money, which they must repay over time with interest. The repayment period and interest rate are predetermined and fixed, which means borrowers can budget with more certainty.

The Benefits of Using Installment Loans

There are numerous benefits to using installment loans in Uniontown, Alabama. Here are a few key benefits:

  • Flexibility: Installment loans offer more flexibility than other forms of credit. Borrowers can choose the repayment term that suits their needs best, which can range from a few months to several years.
  • Budgeting: With fixed payments and interest rates, borrowers can budget and plan with more certainty. This means they can avoid any surprise payment increases.
  • Access to Large Sum: Installment loans allow borrowers to access a larger sum of money than they would with other forms of credit, such as payday loans.
  • Improved Credit Score: Paying back an installment loan on time can help improve a borrower’s credit score, making it easier for them to obtain credit in the future.

Interesting Facts and Statistics about Installment Loans in Uniontown, Alabama

  • According to a study conducted in 2019, the average installment loan in Alabama was $951, and the average repayment term was 8 months.
  • Currently, there are over 550 lenders offering installment loans in Alabama, with the majority of them being located in bigger cities like Birmingham and Montgomery.
  • The number of installment loans taken out in Alabama has grown steadily over the last decade, increasing from 800,000 in 2009 to over 1.3 million in 2019.

Apply Now

If you’re looking for an installment loan in Uniontown, Alabama, TheGuaranteedLoans can help. We are a connection service that links borrowers with potential lenders. By filling out an online application on our website, you can connect with a network of reputable lenders who offer installment loans. Remember, we are not a direct lender, but we do everything we can to facilitate your connection with potential lenders.

Conclusion

Installment loans are a legal and popular option for borrowers in Uniontown, Alabama. They offer flexibility, budgeting options, access to large sums of money and can improve one’s credit score. As long as borrowers follow the repayment terms set by the lender, installment loans can be an excellent financial tool. Remember, TheGuaranteedLoans can help connect you with reputable lenders who offer installment loans.

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

36786, 36876

Uniontown, AL installment loan calculator

F.A.Q. About Installment Loans

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

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

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

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