If you’re thinking of taking out a payday loan from Alabama Title Loans, Inc. you’ve probably got a few questions first – and that’s fine because we’re here to answer them. In this article, we’re going to look at how a payday loan in Mobile, Alabama works, and what you need to do if you want to apply for one today.

Keep reading to find out more!

How Does A Payday Loan Application In Mobile, Alabama Work?

Getting a payday loan in Mobile, Alabama can be a surprisingly straightforward process – which you may be relieved to hear if you are thinking of applying for one. The first thing you will need to do is get your paperwork in order, to make sure that the application process runs smoothly.

1. Gather Your Required Items

To apply, you will need all of the following documents:

• The most recent paystub from your current job
• A government-issued photo ID (non-photographic or non-government ID may be refused)
• A blank check that links with a checking account in your name
• A recent month-long statement from your checking account
• Your social security card

It’s a good idea to get all of these things ready before you start the application, so you don’t end up stalling halfway through. If you need paperwork from your bank, request it and wait for it to arrive, and then start the process.

2. Fill Out Our Online Form

When you are ready to get started, navigate to the short form on our website, and fill in your basic details. You only need to add your name, email address, phone number, and zip code at this stage, so it shouldn’t take long!

3. Speak With A Representative

You will then get a phone call from a representative at a nearby location, who will organize for you to visit the location. At this point, you’ll need to take your paperwork in, so make a list, check each item off, and don’t forget anything.

4. The In-Person Meeting

You’ll be met by a representative, who will examine and verify your papers, and then walk you through the remainder of the process and see if you have been approved for a loan. This can take as little as 30 minutes in some cases.

That’s all there is to it!

FAQs

Q: How long does a payday loan take to clear?

A: This depends on a few different factors, but you will either have your money on the same day or the following business day. If you apply on a Friday, you may not get the money until the following week, but if you apply on a Monday, you’ll have the money by Tuesday.

Payday loans take into account that you need funds quickly and therefore tend to clear fast to ensure you aren’t kept waiting and you can deal with your financial issues.

Q: Who can apply for a payday loan?

A: Almost anybody can apply for a payday loan, provided they have the paperwork discussed above. However, it is important to note that payday loans should only be used in emergency situations, and not for things like online shopping sprees or big, luxury purchases. Use payday loans if your car has broken down, you’ve got a sudden house repair, or you’re having to travel unexpectedly.

Q: What if my credit is bad?

A: You can apply for a payday loan even if you don’t have good credit. A payday loan in Mobile Alabama may be accepted even if you’ve previously built up a poor credit score, so it’s worth applying even if you aren’t sure if you’ll be accepted. You might be surprised!

Q: What’s the maximum amount I can borrow?

A: How much you can borrow depends on your personal circumstances, but payday loans tend to be for amounts between $100 and $500, and you can’t usually get more than $500 with one. They are considered a stop-gap to help you solve a financial emergency and aren’t intended to help with big purchases.

Q: How soon does a payday loan in Mobile Alabama have to be repaid?

A: Most payday loans are repaid when your next paycheck comes in, but the loan terms can vary. Make sure you discuss this with the representative who is helping you, so you fully understand all the terms and conditions and you can check that they will work for you.

Apply For Your Payday Loan Now

Overall, therefore, Alabama Title Loans, Inc. may offer you a solution if you’re struggling for money and your next payday isn’t for a while. If you’ve got a sudden emergency and you need funds quickly, get in touch to find out how much money you could borrow to get yourself back on your feet.

Simply fill in the form on the website, wait for a representative to call you, and you’ll be well on your way to getting a payday loan in Mobile, Alabama!

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.