APR: The maximum APR rate for a 14 day Payday Loan is 460% APR. Payday loan lengths range from 1 to 31 days. An $85 loan with a repayment period of 14 days at 460% Annual Percentage Rate would have a $15 fee, totaling $100.

We at Payday Rain provide instant online cash solutions whenever you would like to borrow money from an external monetary source.

Running short of cash? Want to overcome from unexpected fiscal discrepancies as soon as possible? Looking for a lender that can provide you suitable short term loan deal with efficient rates and terms? Just relax! With the fabulous services of Alabama payday loans , an online loan matching service provider we will be able to find out favorable short term loan plan for you to fix your small urgent financial problems with an ease.

Most loans promise instant cash availability but do not keep up with the expectations. By applying for the Alabama payday loans, you will ensure that the demanded cash reaches your account at the earliest. Online payday loans do not make the borrowers wait for the approvals. You will receive the decision on your loan request within a few 24/7 hours of applying. We, at payday Rain will not trouble you with requirements like documents and upfront fees.

How much I can fetch with payday loans if I get approved?

Once you gained approval against any short term of your choice, you can freely obtain sufficient cash assistance ranging Alabama payday loans from $100 to $5,000. You will have to pay back borrowed loan amount within short repayment tenure of 15 to 30 days. Get ready to high interest rate on payday loans online same day deposit as they are provided for short time period only. APR on such loans is also high as due to short term lending interest rates are charged as an annual charge. So, make sure to repay funds in due time as they are expensive.

An Alabama online payday loan can get you money in a hurry. Here's what you need to know.

Cover Unplanned Expenses With Instant Approval Payday Loans

People, who are all set to make an application for payday loans online same day deposit, can surely go ahead and resolve all their pending bills as soon as possible. Some of the major expenses that are required to be fulfilled are your car repair bills, home repair bills, monthly rents, household bills, medical bills, educational bills and unplanned events etc. can be easily settled through same day loans. However, a borrower needs to be permanently employed and should also carry a checking bank account to get easily shortlisted for easy approval.

How to Get Started Alabama?

It is a matter of few minutes to apply with Alabama payday loans by simply filling an easy online application form with the necessary details and click to submit it. The form will be processed by Payday Rain and you will be contacted soon regarding loan approval. Our registration process is completely FREE!

  • Paperwork no needed.
  • No personal visits required.
  • No obligations involve.
  • Apply Alabama payday loans instant approval right away and get hold on customized loan deal that fit your requirements perfectly.

Alabama Payday Loans with No Credit Check

Online payday loans no credit check is like a blessing in disguise for borrowers living with the stigma of poor credits like arrears, defaults, insolvency, bankruptcy, foreclosure, missed payments, late payments etc. Now loan seekers with credit tags are also able to get access for needed sum of loan. It should also be noted that the loan seeker will have shorter span for loan repayment. He or she must be able to pay back within the specified duration in order to avoid penalty payment.

Eligibility Payday Loans

Your eligibility is decided by a set of simple requirements. You should be more than 18 years of age, working and earning not less than $1000 every month. Additionally, you should be residing permanently in Alabama, USA and should have a checking bank account in your name.

Are payday loans legal in Alabama?

Yes, payday loans (or short term ) in Alabama are legal. Alabama laws state that a lender can't arrange a loan exceeding 25% of a borrower's gross monthly income at the time of making the loan. The maximum loan term is 35 days. However, this can extend up to 90 days if the initial contract lets you make payments in installments without being subject to an extension.

A lender that arranges payday loans should have a valid license issued by the Alabama Financial Institutions Division. You can rescind an Alabama loan on or before the next business day's end of business hours.

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