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Get Installment Loans in Mobile, AL Online
If you are looking for a Bad Credit Installment Loan in Mobile, AL, the first thing to do is fill out a free application form online and get the offers from the best Mobile Installment Loan direct lenders. No credit check. No Teletrack. No faxing or other paperwork. Just meet the basic requirements to get guaranteed approval and "same day funding”.
For guaranteed financing apply for Installment Loans in Alabama Online from a legit direct lender. It will take you just a few minutes to complete the application and have it processed. Once approved, you'll get the funds the same day.
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Are Installment Loans Legal in Mobile, AL ?
Loan Rates and Fees, Laws and Regulations in Alabama.
Installment loans from $1,000 to $5,000 are absolutely legal in Alabama. More than 67% of employed adults of 4 863 300 state’s population apply for this quick, easy and convenient cash advance at least once a year. By the way, it’s about 1 270 780 people. Some of them still look for nearby loan stores, others save time by borrowing online.
Law status | legal |
MIN Loan Amount | $1,000 |
MAX Loan Amount | $5,000 |
MIN. Loan Term | 90 days |
MAX. Loan Term | 36 month |
MIN APR | 6.63% |
Collateral or guarantor | None, unsecured |
Credit score requirements | Available for Bad Credit |
Apply for online Installment Loans and get instant decision from the best Mobile lending organization
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It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000 for Payday Loans, $1000 - $5000 for Installment loans, and up to $15,000 for Personal loans. But it may vary depending on the lender and his requirements.
The percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.
Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.
It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000 for Payday Loans, $1000 - $5000 for Installment loans, and up to $15,000 for Personal loans. But it may vary depending on the lender and his requirements.
The percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.
Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.
It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000 for Payday Loans, $1000 - $5000 for Installment loans, and up to $15,000 for Personal loans. But it may vary depending on the lender and his requirements.
The minimal percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.
Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.
It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000 for Payday Loans, $1000 - $5000 for Installment loans, and up to $15,000 for Personal loans. But it may vary depending on the lender and his requirements.
The minimal percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.
Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.
The minimal percentage allowed that actually represents annual cost of your loan. The APR is based on several things
Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.
It’s the minimal amount of cash advance you can apply for. It’s not always stated
Cash Advance and other Money Offers in Mobile, AL
Installment Loans Available in Mobile, AL by the following ZIP codes:
Installment Loan Amounts in Mobile, AL
- Easy online application
- Bad credit is OK
- Instant approval
- No credit check considered
- Competitive rates
- Same day financing
In 2024 there are 192,904 people living in Mobile, AL. According to the statistics, 11574 of them look for "Installment Loans Near Me in Mobile, AL" or apply for Mobile Installment Loans online in need of emergency short-term financing. No wonder, these people request instant cash as their median household income is 38776. That's why COMPACOM was designed - to help customers complete a quick and easy application form 100% online and get guaranteed approval from the best Mobile, Alabama direct lenders.
Installment Loans Store Locations in Mobile, AL
Installment Loans requirements in Mobile, AL
What do I need to qualify for Installment cash advance in Mobile, AL?
Independent lenders have their own individual requirements that must be met, but typical minimum requirements include, but may not be limited to:
- Alabama (US) residence
- Minimum regular income of $1,000 per month
- Valid checking or savings account with direct deposit
- Phone number and e-mail address (if applying online, you must be able to be contacted via phone if verification of application information is necessary)
- Not be a regular or reserve member of the Air Force, Army, Coast Guard, Marine Corps or Navy (or be a dependent of someone who is,) serving on active duty under a call or order that does not specify a period of 30 days or fewer.
- If applying Online, you must provide a valid Social Security Number
- If applying at Loan Store, you must bring a valid government issued photo ID. A Social Security Number might not be required
- If applying in-store, you must bring proof of income and proof of a bank checking account. Debit cards or pre-printed checks may be accepted in your state as proof of bank checking account; contact your local store for details. Acceptable documents may vary by state.