What are Huntsville, AL Payday Loans?
A payday loan is designed to help borrowers cover short-term emergency needs by offering fast cash secured by their next paycheck. It’s usully used as the small-dollar cash advance to cover unexpected expenses.
The Huntsville, Alabama Payday Loan is usually due after 14 – 30 days since being deposited into the borrower’s account. After you get the next pay check, the cost of the loan including interest and fees is withdrawn from your checking account automatically.
Payday loans in Huntsville, AL are often used by consumers to consolidate debt, to pay off bills, repair a car or redecorate a house, etc. Start with online application or look for loan store locations near you.
How do Payday Loans online work in Huntsville, AL?
Huntsville, AL payday loans are a quick, safe and convenient way to cover emergency expenses. Like all other short-term cash advances in Alabama Payday Loans are regulated by the state’s laws. It’s highly recommended to study them in detail before submitting a loan request.
As soon as you’ve decided to apply for the necessary amount there are simple steps to go:
- Fill out an application form online or in any store in Huntsville, AL;
- Get matched with a suitable direct lender;
- Receive the money same day in a loan shop or within 1 – 2 days after being approved online.
What are the benefits of Huntsville, AL Payday Loans online?
Payday Loans are a perfect option for Huntsville residents in the following situations:
- You’ve been rejected by banks and credit unions for your bad credit or bankruptcy or any other reason.
- You like 70% of Americans lack money to pay for everyday bills, utilities, rent, or
- You have numerous debts which must be repaid urgently or they may lead to enormous rates. Use a loan to consolidate these credits into one.
- You feel ashamed or embarrassed to ask your relatives and friends for help.
- You have a not very good credit history and don’t want to affect it by numerous loan requests. No credit check Payday Loans are perfect for you.
Choosing an online Payday Loan to overcome any of the mentioned above situations you get:
- Instant financing
- 24/7 online service
- Cash advance for bad credit
- No hard credit check loans
- Convenient online application
- Reputable direct lenders with no intermediaries
- What are Huntsville, AL Payday loans eligibility criteria?
To be approved for a short-term cash advance a borrower needs to:
- Be over 18 years old;
- Be a resident of Alabama;
- Have an active banking account;
- Provide a proof of income.
The eligibility criteria may vary according to the lender but all in all they are pretty much the same and don’t usually include any minimal credit score or income requirements.
How much do Payday Loans cost in Huntsville, Alabama?
The cost of Payday Loan as well as any other cash advance in Huntsville consists of the principal, the annual percentage rate, or APR and some additional financial charges. The APR varies from 300% to 1200% but on average it’s 400%. It depends on the loan amount, your credit score, the state’s limit, the lender, etc. Besides, you may be charged additional fees such as:
- Verification or loan processing fee.
- Acquisition charges.
- NSF fee, etc.
Huntsville Payday Loans are called short-term as they must be repaid till your next paycheck, usually within a month. Lenders usually allow to prepay earlier without any additional fees. In case you can’t pay the money back on time, you may apply for a rollover, extension or repayment plan.
Find out these details with the lender before you submit the loan request.
Can Alabama borrowers get a Payday Loan with bad credit?
If you are looking for a Payday Loan online in Huntsville, Alabama and you have a bad credit score, you’d better start with online application. You’ll have more chance to find a lender providing such cash advance.
Most of them will approve you for the necessary funds no matter what your credit rating is. They may charge higher interest to make up for the risk. But on the whole bad credit cash advance doesn’t differ from traditional loans.
You apply online and the funds will be in your account within 1 – 2 days, or even same day regardless of the figures on your credit report.
NO credit check Payday Loans in Huntsville, AL?
If you used to have some previous debts, or bankruptcies which affected your credit history and your score is not so good as you wish, you may apply for a Payday Loan with no credit check. In Huntsville there are lenders providing quick funds with no hard inquiry to the major credit bureaus. They determine your creditworthiness paying attention to your income rather than credit history. But you should be careful and make sure you can afford the loan before applying for it.
Warning about Huntsville, AL Payday Loans
We can’t but agree that Payday Loans in Huntsville, Alabama are one of the easiest and fastest ways to receive urgent financing. But you may come across some pitfalls on the way too quick money:
- Additional fees;
- Default penalties;
- Collecting practices;
- Third parties selling your information, etc.
Make sure you borrow from a legal Huntsville lender and read the agreement carefully to be on the safe side.
Huntsville, AL alternatives to Payday Loans online
If for some reason you want to avoid a short-term Payday Loan, you can choose among the other cash advances available in Huntsville:
- Installment Loans up to $5000 for several months;
- $5000 – $35000 Personal Loans repaid in 6 months – 7 years;
- Secured Car Title Loans;
- Various Government Assistance programs;
- Bank loans, etc.
Start your Payday Loan application online or find cash advance locations in Huntsville, AL on the map
1st Advantage Financial
3115 Drake Ave SW
- 3115 Drake Ave SW
1338 Winchester Rd NE Ste L
2900 Triana Blvd SW Ste F
3503 Memorial Pkwy NW Ste G
4710 University Dr NW
200 Oakwood Ave NE Ste T
11700 Memorial Pkwy SW Ste L
2246 Winchester Rd NE
2806 Memorial Pkwy SW Ste A
- 1338 Winchester Rd NE Ste L
Alabama Title Loans Inc.
2316 Memorial Pkwy SW
2901 University Dr NW
11303 Memorial Pkwy SE
2316 Memorial Pkwy NW
- 2316 Memorial Pkwy SW
Approved Cash Advance
3700 Blue Spring Rd NW Ste Q
- 3700 Blue Spring Rd NW Ste Q
C & R Title Pawn
2615 Memorial Pkwy SW Suite A
- 2615 Memorial Pkwy SW Suite A
Cash Mart Inc
2516 Sparkman Dr NW
- 2516 Sparkman Dr NW
Check Into Cash
4925 University Dr NW Ste 112
8404 Memorial Pkwy SW
- 4925 University Dr NW Ste 112
Eagle Title Loans Inc
2516 Sparkman Dr NW
- 2516 Sparkman Dr NW
4820 University Dr NW Ste 1
- 4820 University Dr NW Ste 1
EZ Title Loans
2714 Clinton Ave W
- 2714 Clinton Ave W
North American Title Loans
PO Box 19008
- PO Box 19008
QC Financial Services
2701 Patton Rd SW Ste C
- 2701 Patton Rd SW Ste C
4710 University Dr NW Ste 17-b
- 4710 University Dr NW Ste 17-b
2620 Memorial Pkwy NW Ste A
- 2620 Memorial Pkwy NW Ste A
4298 University Dr NW
- 4298 University Dr NW
4210 Oakwood Ave NW
- 4210 Oakwood Ave NW
11597 Memorial Pkwy SE
3004 Bob Wallace Ave SW
- 11597 Memorial Pkwy SE
2319 Bob Wallace Ave SW Ste E
- 2319 Bob Wallace Ave SW Ste E
Check Payday Loan rates and terms in the other cities of Alabama
- Phenix City
- Vestavia Hills
- Mountain Brook
- Tillmans Corner
- Center Point
- Alexander City
- Fort Payne
- Muscle Shoals
- Pell City
Payday Loan Calculator
$500 Your loan + $79 Your fee = $579 Total Cost*
* Total Cost - The sum of money you are to pay off within the term you’ve chosen if you borrow the stated above amount for the average (or required by your lender) APR.