The 4 Advantages Of Getting A Payday Loan In Foley, AL
You've probably heard conflicting information about getting a payday loan in Foley, AL, but it's unlikely that you've been told about all the advantages of this type of short-term loan.
We are here to clear up the details, including the benefits of payday loans in general, as well as the simple process that can get you approved for our loans.
Benefits Of Alabama Payday Loans
Here are just a few reasons why a payday loan in Foley, AL may be a good idea for you.
1. Good Approval Odds
Most applicants get approved for short-term payday loans. As long as you have all the correct documents and are 18 or older, you have outstanding chances of getting approved. To be sure, you can discuss the proposed terms of your payday loan in Foley, AL with a representative from a nearby Alabama Title Loans, Inc. office.
2. All Credit Is Welcome
Bad credit may hold you back from getting a bank loan, but not from a payday loan! We accept applicants with any type of credit because we know turning your credit around doesn’t happen automatically.
While we may look at your credit history, it is only one factor that determines your eligibility for payday loans.
3. No Collateral Needed
Traditional loans, even title pawns, require some type of collateral such as land, cash, or the title to your car. Payday loans are unsecured, meaning that you don’t have to provide anything to us to back the loan. It is solely based on your signature and guarantee to repay it in the terms set forth.
4. Fast Cash, Made Easy
Perhaps the biggest advantage of payday loans is that they are fast and easy. The application requires minimal information and can be processed in a matter of minutes. In fact, most of our customers are able to complete their loans in about 30 minutes.
Our loans are faster and easier to obtain than any traditional loan, making them the quickest option for getting your hands on extra cash.
These loans also pay off quickly — usually within a couple of weeks — so you don’t have to worry about a new monthly payment.
To apply, you only have to contact a nearby location by whichever method is most convenient for you. In no time, you could get approved and have much-needed cash in hand.
How To Get Cash NOW
Now to explain how to apply for a payday loan in Foley, AL at any of our convenient locations.
You must complete your application in-store, but you can start online by connecting with the location closest to you. Here’s how that works.
Fill Out The Form
We provide a simple form on our website that collects the most important data, including the applicant’s name, email address, phone number, and zip code. This information is used to start your application, which will be completed in person.
Wait For A Call Back
After you submit your information, you’ll wait for someone to call you back to address your questions and compile the necessary paperwork for your application.
Meet In Person
When you have completed your phone conversation with a representative from a nearby location, it will be time to proceed to that location to meet with the rep in person and submit your application. They’ll have all of your paperwork ready, and you will provide the rest.
Here’s what you’ll need:
- A photo I.D. like a driver’s license or a state-issued non-driver card
- Your social security card
- A recent paycheck stub or deposit receipt
- A recent 30-day bank statement
- A blank check from an account you own
At your in-person meeting, you will present these items, go over the terms of your loan, and finalize your application. If approved, the money will appear in your account the same day or the following business day (at the latest).
Why Choose A Payday Loan?
As you can see from the advantages above, there are several reasons why a payday loan in Foley, AL may get you through an especially hard week. They are easy to apply for, offer excellent approval odds, and virtually anyone is eligible to apply — even those with bad credit, no credit, or no collateral.
Another reason to consider short-term loans is that we don’t mandate how you spend your cash. Although we do recommend using paycheck advances for emergencies and unexpected expenses, you decide how your money is best spent.
Best Used For Emergencies
Here are a few examples of how previous customers have used their payday loans:
- Travel expenses for a family emergency
- Extra cash around the holidays
- Gas to get back and forth to work
- Tuition or fees
- Medication or doctor’s visits
These are just a few examples of how having extra cash takes the pressure off hard-working individuals when money gets tight.
Take Advantage Now!
As you can see, there are several advantages to getting a payday loan in Foley, AL. Bad credit won’t exclude you from the opportunity, you have good approval odds, you don’t need to offer collateral, and you could potentially get your cash as soon as today!
Contact Alabama Title Loans, Inc. whenever you need a little extra cash to make it to payday. You can use our interest form on our website or give us a call to learn more before you apply.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.