If you're an Alabama resident with bad credit, you're not out of luck. You can still secure payday loans for poor credit through lenders like us at Alabama Title Loans, Inc.

Having bad credit can lead to numerous issues. Bank loans may be impossible to qualify for, and you may struggle to buy a car, rent an apartment, or purchase a home. Bad credit history can even make it harder to get a job, especially if it involves handling money. The good news is that if you need money quickly and your credit leaves much to be desired, you may be able to qualify for emergency cash loans even with poor credit.

To find out how to qualify for payday loans, keep reading to learn about the payday loan process in Alabama if you have bad credit.

All You Need To Know About Bad Credit Loans

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 from 300 to 850.

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 check 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, or cash advance loans, are short-term solutions for urgent expenses between paychecks. This could include unexpected medical bills or car and home repairs. Through Alabama Title Loans, Inc., you can get payday loans for poor credit quickly and easily.

What Do I Need To Qualify For Fast Payday Loans?

First, don’t worry about your credit rating and payment reviews for these loans. Unlike traditional bank loans, these emergency loans can be approved with minimal requirements. Payday loans for poor credit only require a few simple items to qualify. While you aren't guaranteed approval, it is much easier to gain approval than other unsecured loan options that rely on good credit.

Here’s what you’ll need to qualify for a payday loan in Alabama with our help:

• Have a valid driver’s license or state-issued ID
• Provide your Social Security card
• A recent 30-day bank statement
• Recent pay stub from employment or a steady income source
• 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, a pension, or alimony. Be sure to just provide the correct documentation and proof. Loan terms and rates may vary, but generally, a payday loan is due when you receive your next paycheck.

How To Apply For Alabama Payday Loans For Poor Credit?

At Alabama Title Loans, Inc., we help those with poor credit receive payday loans. Qualified individuals may receive between $100 and $500 in the form of online cash payday loans in Alabama. While other loan companies instantly disqualify people with bad or no credit, we make it possible to get fast cash with our Alabama payday loans.

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

The Easy Payday Loan Process

The payday loan application process at Alabama Title Loans, Inc. is quick and easy. Here’s all you need to get approved for funding:

• 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 to apply. 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 day or the next business day.

Get Started On Fast Payday Loans 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 mean that you are instantly disqualified from the help and peace of mind Alabama payday loans can provide. We work with all types of credit and all types of income, which is why you may hear these loans referred to as bad credit loans. Give us a call, apply using our online form, or visit us today to start the fast and easy path to get payday loans for poor credit. 

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