Cash Advance Alabama


Request a Loan Today*
By clicking 'Get Started', I consent and agree to the E-Consent, Privacy Policy, Terms & Conditions, Responsible Lending & Marketing, and Legal Disclaimers.
*By filling out the form above, you will be routed to’s loan request form.

State legislators are launching a new battle for stricter cash advance regulations. Meanwhile, lenders are arguing to keep the status quo, claiming that stricter regulations would put them out of business. A proposed bill would put a cap on APR, but experts think there’s little chance of it passing in its current form. If you want to get started with your cash advance request right now, head on over to our secure loan request form. Here are the current rules and regulations for cash advances in Alabama.

Alabama Cash Advance Laws

In Alabama, the maximum loan amount is $500. The loan term limit is 31 days, but you’re allowed one rollover, which means you can extend your loan for up to another 31 days. Alabama enforces a minimum loan term as well – you must have the loan for at least 10 days. Your loan’s finance charges are not to be greater than 17.5-percent. So, the finance charge for a 14-day, $100 loan should be no more than $17.50, and the APR should be no more than 456.25-percent.

If you are unable to pay off your loan, your lender is allowed to charge you one $30 NSF fee, may file suit against you, and seek reasonable attorney’s fees, court costs, and other collection fees . They are not, however, allowed to pursue criminal action, unless you closed your checking account.

Alabama Payday Loan Regulations

As far as short-term loan regulations in Alabama go, there is no difference between a cash advance and a payday loan. They are regulated exactly the same, as they are the same product.

  • How Payday Loans Work – When you need money faster than your next paycheck will arrive, this type of funding lets you borrow against your future earnings. You are expected pay the money and the fees back on a specified due date, usually within a couple of weeks of the loan.
  • Maximum Amount – You might be able to borrow up to $500 with this type of lending in Alabama.
  • Repayment Extensions – You are allowed one loan rollover if the lender allows it.

Alabama State Economy

It’s a good idea to keep tabs on the state economy while paying off a loan. Recently, the state unemployment rate for Alabama was reported to be at 6.1-percent. That’s a little lower than neighboring states Mississippi (6.7-percent) and Georgia (6.3-percent), but a little higher than Tennessee (5.8-percent). Alabama’s worst-ever unemployment rate was 15.5-percent back in December of 1982. Its best unemployment rate was a low 3.8-percent back in April of 2007.

It’s an interesting time for cash advances in Alabama. It’s hard to predict if new rules and regulations will pass anytime soon. We’ll keep you posted as soon as any new details emerge.


* strives to present accurate information on each state’s regulations; however, we do not guarantee accuracy of data as presented. Please contact your state’s department of finance or visit your state’s official website for the most accurate information and inquiries. You can find your state’s site here:

Recent Blogs

How to Avoid Typical Bank Fees

Loan Advice
Your bank makes a fortune off your money. They don’t just keep it in a vault and let it get dusty.

Can You Get a Payday Loan with No Employment Verification?

Loan Advice
Borrowing money is the easiest and hardest thing in the world. It’s easy to ask for a payday loan with no employment verification. You might even get the money if you can prove you generate revenue.