How Do Payday Loans Work in Montgomery, AL?

July 21, 2021 | Daniel Dewitt

payday loans montgomery al

We all face money troubles from time to time. It's an inescapable part of life, but the payday loans Montgomery AL allows can get you out of debt and save you from financial ruin. So, here's what you need to know to make the most of them.

Exploring Payday Loans in Montgomery, AL

You have an urgent bill to pay, and the due date is coming up, but you still have a few weeks before your next paycheck comes in. Like millions of people in this country, that scenario is what keeps them in debt. Therefore, it's crucial to know these three things about payday loans in Montgomery, AL and understand that there are options that you can use to solve the financial problem you’re facing.

1. Perfect Credit Isn't Required for Approval.

Your paycheck and signature ARE your credit, which means your low scores and bad credit history aren't a major factor. As long as you have a good reputation with the payday loan lender and can prove your ability to return what you borrow, you're most likely eligible for cash on the same day you start.

2. You Can Get up to $500 by the End of the Day.

If you begin applying for Alabama online payday loans early enough, you may walk out with spendable money by lunchtime. Either way, your funds get deposited directly into your bank account, and you’re likely to receive it within 24 hours or less.

3. You May Qualify Even if Unemployed.

Payday loans Montgomery AL are meant to help consumers get out of financial trouble. They're not set up to make borrowers fail, and even though the paystub is on the list of required items, this doesn’t mean that you have zero chances to get approved if you’re unemployed. Talk to your Montgomery store location agent to find out if you can use alternative means of the loan repayment, such as social security checks, alimony, unemployment benefits.

NOTE: You must be at least 18 years old to qualify for a payday loan in the state of Alabama.

Who Can Get Payday Loans in Montgomery, AL?

These payday loans Montgomery AL are available to anyone who qualifies. Unlike getting money from traditional banks, this savvy solution doesn't take up all of your time while stressing you out for days. Payday loans are for people who have to deal with urgent financial issues as soon as possible.

They're also for folks who have recently suffered a financial setback due to an unexpected expense. Illnesses, injuries, unplanned travel, property damage, and raised insurance rates can wreck an already tight budget. So, millions of people use instant paycheck advances to take care of business when the going gets rough.

DID YOU KNOW: The average family in the United States has less than $3,000 in their bank account for unexpected fees, medical bills, and emergencies.

with payday loan cash in montgomery al

Required Items for Payday Loans in Montgomery, AL

The thought of being only one paycheck away from financial ruin is terrifying. Still, many people live with that reality every single day. Payday loans Montgomery AL are meant to stop the vicious cycle by making much-needed cash more accessible to individuals, families, and communities.

In fact, borrowers are not only presented with much easier processing methods than in banks, but they're also approved as long as they can provide the following items upon request:

  • Your driver's license or a state-issued photo ID
  • Your social security card
  • The most recent 30-day bank statement from your checking account
  • Your most recent pay stub
  • A blank check from an active checking account in your name

If you need more information on these required items, ask your payday loan agent before signing the contract.

Where to Get Convenient Payday Loans in Montgomery, AL

Alabama Title Loans, Inc. makes the process even easier by giving you instant access to an online intake form. Just enter your information and be directed to a friendly agent within minutes. After that, answer a few simple questions, and then be on your way to getting cash in hand by the end of the day. Check your local bank's business hours to avoid delays.

You're under no obligation to take the money unless you agree to the terms. Plus, you can always come back for more if you need extra help later. Payday loans are essentially borrowing your own money before it hits the bank. So, try to make the most of this head start by paying off major debts or getting ahead of upcoming bills.

Submit Your Inquiry Today!

You don't have to be afraid of the unexpected when you have a way out, especially when that way out is gentle on your dignity, respectful of your time, and available even if you have bad credit. Submit a short inquiry form on our website to get started, and in a matter of minutes, enjoy the benefits of payday loans in Montgomery, AL!

Do you a bigger cash amount for your emergency? Consider taking out Alabama title pawns. You can get up to $15,000 quick cash with Alabama Title Loans, Inc.