Whether you’re in Huntsville, Montgomery, Birmingham or anywhere else in Alabama, Finger Finance can find the best loan for your payday circumstances. We can help you borrow anywhere from $100 to $35,000 to make sure you get through your financial circumstances and you can receive the funds within just 60 minutes.
Apply for the Best Alabama Payday Loans
On an assumed loan amount of $750 over 12 months. Rate of interest 292% (fixed). Representative 171%APR. Total repayment amount $1351.20 and total interest is $601.20. 12 monthly payment of $112.60.*
How To Apply For Payday Loans in Alabama With Finger Finance
Step 1 - Apply Online
We’re a broker not a lender, but we’ll still make sure that the loan is affordable. Even if you don’t have a perfect credit history, we’ll try to help.
Step 2 - Await a Decision
We only work with reputable lenders, so we know they are lending responsibly. We’ll search our panel of lenders to find the right loan for you.
Step 3 - Receive Money Today!
We offer soft search loans that will check of the basis of your credit record but not leave any visible footprint.
How Does Finger Finance Find Lenders in Alabama?
The Right Lender
Finger Finance only works with lenders that you can trust. This means we know they are lending responsibly. Every time you put in an application we analyze our panel of lenders and find the right loan for you.
Soft Credit Check
All Finger Finance loans are soft search. This means that we look at your background on the basis of your credit record. We will never leave any visible footprint on your credit report through our search.
Finger Finance is a broker, not a direct lender. This means that we can find the most affordable loan for you. Even if you have an imperfect credit history, we will always try to help you.
What Are The Regulations for Payday Loans in Alabama?
|Are Payday Loans Legal?||Yes|
|Maximum Loan Amount||$500|
|Minimum Loan Term||10 days|
|Maximum Loan Term||31 days|
|No. of Rollovers Allowed||1|
|No. of Installments Allowed||4|
|Finance Charges||17.5% Max|
|Statute of Limitations||6 Years Since Last Payment|
Am I Eligible for a Payday Loan in Alabama?
There are just a few requirements you will need to meet in order to be eligible for a payday loan. In order to qualify for a loan from Finger Finance in Alabama you must:
- Be at least 18 years of age or older
- Be a U.S. resident
- Have a cell phone
- Have a checking account
- Have a consistent income and be earning at least $800 per month
Can I Get a Payday Loan in Alabama With a Bad Credit Score?
Yes! You can get a payday loan in Alabama with a bad credit score.
Finger Finance are willing to accept all credit histories, including poor credit. If you do not have a good credit score that will not stop you getting a payday loan.
How Much Does a Payday Loan in Alabama Cost?
If you borrow the maximum amount in Alabama ($500) and borrow it for the maximum term (31 Days) and you get the maximum APR rate (456%) the total cost to repay the loanwould be $576.85.
This is $76.85 in interest at a monthly interest rate of 38%.
Why is the APR for Payday Loans in Alabama so High?
The APR for payday loans is high in Alabama because payday loans operate on a short-term basis and are considered by lenders to be high risk.
They are typically unsecured, offered to customers with any type of credit history, short-term, and not usually repaid in the first instance.
Where Can I Get a Payday Loan in Alabama?
You can apply online through Finger Finance to receive a payday loan in the following cities within Alabama below:
Bayou La Batre
Why Choose Finger Finance?
- Easy online enquiry process
- Borrow anywhere from $100 – $5,000
- Get the money in one lump sum on the day you enquire
- Get an instant decision online
- Repay early anytime to save money
- Enquiring is free and doesn’t affect your credit score
How Do Repayments Work?
How repayments work depends on how long the money will need to be borrowed for. If you are taking out a short-term loan between 2 to 4 weeks, you will repay your loan in one final repayment at the end of the loan. Whereas, if you have chosen a longer-term loan, which we offer up to 5 years, then you will repay your loan in equal instalments every month. With Finger Finance you can also repay early at anytime to save money on the interest on your loan.
Are There Any Upfront Fees?
There is no upfront fee when using Finger Finance. Instead, we take a fee or commission from the lender if your application is approved and successful. The lenders will charge a daily or monthly interest if your loan is active and this will be presented to you in writing before you proceed.
How Quickly Can I Receive My Payday Loan?
If you are approved you could have the funds in as little as an hour. So if you’re looking to get money through on the same day then Finger Finance could be perfect for you.
How Much Can I Borrow?
Payday loan amounts range from $100 to $35,000 although Alabama state law prohibits loans of more than $500.
Is Finger Finance a Direct Payday Loan Lender or Broker?
Finger Finance is a payday loan broker. This means that we will not pay you the funds directly but will instead work with our panel of lenders to get you the best possible rates in Alabama. We will pass your details on to the lender that is best suited to your circumstances.