"Sweet Home Alabama" perfectly captures the beauty and fun that is to be had in the heart of Dixie. Whether you are being caught up in the two-week party of Mardi Gras or joining the passionate fans of the Crimson Tide, there is no shortage of entertainment in Alabama for both visitors and locals alike. Our goal is to connect Alabama residents with the best possible services to help you find a personal loan near Alabama so that you can enjoy everything the state of Alabama has to offer.
With all these attractions to see on top of regular expenses, many people throughout the state find themselves in need of fast cash for a range of uses: upgrading your home, paying for a vacation, or consolidating debt. Alabama recently passed the Small Loans Act in 2017, put in place to protect people from predatory interest rates that had been plaguing the state.
The protections afforded by the small loans act are perfect for those borrowing less than $2000 with a fair to excellent credit score, with interest being capped at 8%. If you need medical attention for burst eardrums after a NASCAR race at Talladega Speedway, a new air conditioner during a summer heatwave, or just find yourself short on cash for an upcoming expense, you can rest assured knowing that we and the state of Alabama can get you a loan without being taken advantage of.
If you find yourself in need of more than $2000, there are still plenty of options available to you under Alabama personal loan laws. By connecting you with our partners, you can quickly and easily qualify for loans of up to $100,000 with a great credit rating with varying APR beginning as low as 4.99%. This type of loan allows for a lot more freedom with your money, enabling you to fund large-scale expenses like home renovations and vacations or to consolidate old debt that has been weighing on your finances.
While it is quick and straightforward to find a personal loan when your credit score is fair to great, you may encounter some issues when looking for a loan with bad credit. Usually, you are required to have a credit score of 590+ to qualify for a personal loan. If your credit score has fallen lower than 590, your best option is to seek out a bad credit loan. Do not worry, as America Loan Service has a host of helpful tips for those with low credit on finding loans and rebuilding your credit score to lower your interest expense and qualify for a personal loan.
Alabama is one of the many states continuing to crack down on predatory loans throughout America, making it far safer for people in any situation to take out a loan without being forced into unfair terms and interest rates. Depending on your situation, you may need a little cash to help in an emergency or a much higher amount that may require a secured loan using the equity from your home to achieve your long-term goal. Whatever situation you find yourself in, we at America Loan Service can help connect you with the best lenders available that will get money into your pocket when you need it most.