- Advance America. 6533 Atlanta Hwy, Montgomery, AL 36117
- Constantly Cash. 2851 E Southern Blvd The, Montgomery, AL 36116
- Approved Money. 5883 Atlanta Hwy, Montgomery, AL 36117
- Check ‘n Go. 2851 E Southern Blvd C, Montgomery, AL 36116
- Always check into money. Bell Plaza Shopping Mall, Montgomery, AL 36117
- Easy Cash. 1102 Ann St, Montgomery, AL 36107
- Emergi Money Corporation. 4240 Carmichael Rd, Montgomery, AL 36106
- EZMONEY Payday Advances. 979 Ann St, Montgomery, AL 36107
- Great American Loans. 2975 Woodley Rd, Montgomery, AL 36111
- Fast Cash. 1501 Eastern Blvd, Montgomery, AL 36117
Must read: be aware of brief terms
Loan providers may charge charges corresponding to 17.5per cent of one’s loan quantity. Although it may well not appear to be a whole lot, it indicates you’ll wind up having to pay $87.50 in interest. And because loan terms are set no less than 10 times, you may have to settle your loan that is full amount that’s $587.50 — within just fourteen days.
Before you borrow if you’re already struggling with balancing your budget, it may be wise to consider a short-term loan that lasts longer or check out some of our payday loan alternatives.
Exactly what are my other loan that is short-term?
These short-term loans may better suit your needs if you want more than $500 or a longer term.
- Installment loans. Installment loans — sometimes called flex loans — are online title ok generally speaking for bigger quantities than payday advances. And typically, you won’t need to repay them for at the least 6 months. Installment loans is found online and also at numerous storefronts throughout Montgomery.
- Automobile title loans. Automobile name loans are occasionally less expensive than payday advances since you use your vehicle name as security. Loan providers could also give you more income or a longer term, but be mindful: you may have your vehicle repossessed if you can’t repay your loan.
Important thing
Pay day loans are widely accessible in Montgomery along with other urban centers in Alabama. However with minimal laws on interest, you will probably find that repaying your loan is hard, particularly if you get that loan term in the smaller end associated with the limit that is legal.
Before you borrow, make sure you understand the laws in Alabama. You might also would you like to compare your cash advance choices so it stacks up against the competition that you know exactly what kind of deal you’re getting — and how.
Frequently asked questions
Can a lender take us to court if i can not repay my loan?
Yes. In case a loan provider is not in a position to gather your debts, it may decide to take one to court. In cases like this, maybe you are responsible for attorney’s fees as high as 15percent of this amount that is principal of loan — as well as NSF costs and late costs.
Are loan providers expected to be certified?
Yes. A lender should apply for a license through the Supervisor of the Bureau of Loans to provide payday loans in Montgomery. This permit is required to offer in-store and online loans, and a loan provider will need to have a split permit for each location where it gives loans.
Could I get a loan that is payday Montgomery without having a credit check?
Yes, but be mindful. Some loan providers offering loans without any credit check aren’t legit. And people which are may possibly not be telling the entire truth. Read your lender’s terms carefully and touch base if you have got any questions regarding the procedure.
Is there payment plans for pay day loans?
Yes. In the event that you aren’t in a position to spend your loan, a loan provider is needed to give you a payment plan. With one, you’ll pay off your loan in four equal monthly payments.