Payday cash advance · AL

Payday Loans in Alabama

The Alabama statute answers the two questions that matter — how much (a $500 cap) and what it costs (a $53 maximum fee on a $300 loan, 10-31 days). One short form reaches lenders licensed to serve Alabama; the check is soft and asking is free.

Check Alabama Offers → Tribal route

Cap $500 · 10-31 days

The numbers

What Alabama law allows

A $300 payday advance in Alabama carries up to $52.50 in fees — repay $352.50 (≈456% APR on the 14-day framing). The full statutory picture:

Same math on $500: $87.50 in fees, repay $587.50 — assuming the loan fits the cap.

Maximum loan $500
Maximum fee 17.5% of loan amount ($17.50 per $100)
Term 10-31 days
Rollovers Max 1
Approx. APR on $300 ~456% (14-day framing)
Statute Ala. Code § 5-18A-1 et seq.
Regulator Alabama State Banking Department
Rescission Next business day by 5:00 PM
Checked 2026-10-05 against Alabama State Banking Department publications · banking.alabama.gov

Payday loans in Alabama by city

Local guides for the 20 largest Alabama markets — same statute, same caps, local context:

How a Alabama payday loan works

  1. One form. Submit the request — email, name, amount. About two minutes, soft check, free to ask.
  2. Lenders review it. Those licensed to serve Alabama decide on your income and checking account — usually within minutes.
  3. Compare the disclosure. Whatever an offer says, the fee must fit the Alabama numbers in the table above — that is your legality check.
  4. Repay once, on payday. One debit on the agreed date — the fee is the entire cost. If the date is wrong, ask about the state's extended payment plan before the due date.

Frequently asked questions

How much can a payday loan in Alabama be?

The statute caps it at $500 per loan. Lenders cannot legally split one need into several tickets to evade the cap — and any offer above $500 is not a lawful Alabama payday loan.

What does a $300 payday loan cost in Alabama?

17.5% per $100 means a $300 loan carries up to $52.50 in fees — repay $352.50 on 10-31 days. That works out to roughly 456% APR on the two-week framing.

How fast can I get a payday loan in Alabama?

Decisions arrive in minutes and funding moves by ACH: same business day when a lender approves you before its early-afternoon cutoff, otherwise the next business morning. Weekend applications fund on Monday.

What do I need to qualify in Alabama?

Three basics: verifiable depositable income, an active checking account in your name, and being 18+ with valid ID. Decisions key on income and account health rather than a credit score, and seeing offers uses a soft check.

Check offers for Alabama. The one-form request reaches lenders that serve your state — about two minutes, a soft check, and no fee to ask. Payday One Loans is not a lender; any offer comes from an independent lender under its own license and pricing.
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