Why Alabama Residents Are Getting Payday Loans For Poor Credit

September 14, 2021 | Daniel Dewitt

payday loans for poor credit

If you are an Alabama resident with bad credit, doesn’t have to mean you’re just completely out of luck, as you can secure payday loans for poor credit at Alabama Title Loans, Inc.

Having bad credit can lead to numerous issues. Bank loans may be impossible qualify for, you may not be able to buy a car, rent an apartment, or buy a home you’ve been saving for. Bad credit history can even sometimes make it harder to get a job, especially if you’re looking for job that involves handling money in any way. The good news if you need money ASAP, and your credit leaves much to be desired, you may be able to qualify for payday loans for bad credit.

All You Need To Know About Bad Credit And Payday Loans For Poor Credit

What Is Poor Credit?

Poor credit can happen for a lot of reasons, but primarily it impacts those who struggle to pay bills on time or owe money. Your credit status is indicated by your credit score, which ranges on a 300 to 850 scale.

Those with bad credit typically have a FICO score that’s under 580 or so (generally a 300 to 579 score is considered very poor; 580-669 is fair; 670-739 is good; 740 to 799 is very good; 800 to 850 is excellent). Some people may even have no credit history, which also makes it more difficult to experience financial freedom.

How Do I Know If I Have Bad Credit?

The first thing to check is your FICO credit score, which you can see through a free credit report offered every year from a handful of credit reporting companies, such as Experian or Equifax, as well as through annualcreditreport.com.

If you have a bank account, typically your bank can also send you a free credit report featuring your score — or you can view it on your bank’s website.

There are also several hints that you may be suffering from poor credit. These include receiving numerous calls from debt collectors, getting rejected for credit cards and loans, and getting offers for subprime credit.

What Is A Payday Loan?

Payday loans, also referred to as cash advance loans, are types of short-term loans that can help you financially between paychecks, especially if you are facing an important purchase or financial emergency that you need to cover before your next payday. Tis could incclude an unexpected medical bill or car and home repairs. Ad through Alabama Title Loans, Inc., you can get payday loans for poor credit, quickly and easily.

How Can I Qualify For A Payday Loan For Poor Credit?

man approved for payday loans for bad credit

First, don’t worry about your credit status. Payday loans for poor credit simply require that you are employed, and have a driver’s license or state-issued I.D. Other requirements include a social security card, a recent 30-day bank statement, a recent paystub, and a blank check from a checking account in your name. You also need to be at least 18 years old.

Non-employed sources of income may also be accepted to qualify for a payday loan. These include a social security check, unemployment benefits, pension, or alimony. Be sure to just provide the correct documentation and proof. Loan terms vary, but generally, a payday loan is due when you receive your next paycheck.

How To Get Payday Loans For Poor Credit?

At Alabama Title Loans, Inc., we are committed to helping even those with poor credit receive payday loans. Those who qualify may receive between $100 and $500 in the form of online payday loans in Alabama. While other loan companies instantly disqualify people who have bad or no credit, Alabama Title Loans, Inc., makes it possible.

Anyone who has bad credit can pursue a payday loan at any Alabama Title Loans, Inc. location.

The Easy Payday Loan Process

applying for payday loans online

The payday loan process at Alabama Title Loans, Inc. is quick and easy. Here’s all you need to do:

  • Either visit one of our many Alabama locations or fill out the quick online form on our website. A loan representative will give you a call to discuss what you need to qualify for a payday loan.
  • Bring the required payday loan items to a location of your choice. After your items are verified, a loan representative will walk you through the payday loan approval process.
  • Once approved, you will receive your payday loan cash either the same or next business day.

Get Started Today

Don’t let a poor credit score discourage you from receiving the financial assistance you need to get back on the right financial track.

At Alabama Title Loans, Inc., poor credit doesn’t ever mean that you are instantly disqualified from the help and peace of mind a payday loan can provide. We always work with all types of credit and all types of income. Give us a call or visit us today to start the fast and easy path to get payday loans for poor credit.