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Jun 26, 2015 If you're in Alabama and considering a payday loan, think again. Payday loans are short-term loans that trap consumers in a debt cycle with high interest rates and unforgiving repayment periods. If a two-week payday loan is not paid off on time in Alabama, the interest rate on that loan can reach 461% SameDayPayday loans should be considered quick-fix loans and so usually range in amounts of $100 to $500 dollars- just enough to keep you financially afloat between pay checks. Payday loans are meant for short-term and urgent needs such as car repair, repayment of personal debts, emergency cash, or an Alabama payday loans laws explained. Payday loan lending companies in Alabama, check cashing companies. Payday loans explanation, terms and limits.We specialize in servicing USA AL payday loans and offer you cash - within the state of Alabama. Fast No Fax Cash Loans are available in 580 cities of AL USA. amerian cash advance Check Cashing | Visit Approved Cash in Clanton - for Payday Loans & Cash Advances. cash advance now online There are many financing alternatives such as bank loans, funding from credit unions, payday loans, installment loans, etc. available in the market that make perfect financial sense. However, if you need cash fast, then installment loans in Alabama are the hassle free alternative to payday loans. Not having an outstanding