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State rule guide

Alabama Payday Loans: $500 Limit, 17.5% Fee & Terms

Check Alabama deferred-presentment rules, including the $500 aggregate limit, 17.5% maximum fee, 10–31 day term and repayment-extension path.

Check available options →Read the guide

✓Availability✓Limits✓Licensing

Check the actual providerConfirm who makes the credit decision.

Normalize the costCompare fees, APR, total due and dates.

Stress-test repaymentProtect essential cash after the payment.

Complete guide

Answers, tradeoffs and next steps

Use the sections below to evaluate fit, not to predict approval.

The 17.5% fee creates a simple amount-based calculator

The maximum service fee is 17.5% of cash advanced. Payday Hex calculates the exact dollar fee from the user’s amount and keeps a separately permitted NSF event out of the normal borrowing-cost quote. AL_RULE

Repayment extensions are a lifecycle feature, not a reason to borrow more

Alabama’s notice describes a renewal path and a possible four-equal-monthly-installment route after that. Payday Hex displays that repayment path on the existing obligation rather than presenting it as new credit.

The page verifies the Alabama license before displaying a provider

The Banking Department’s licensing system is part of the product card. If the entity cannot be resolved, the provider is suppressed instead of being labeled a valid Alabama payday lender. AL_BANK

Interactive decision tool

State range checker

Test the requested amount against the rule summarized on this page.

1Enter→2Compare→3Verify

Amount requested$Rule maximum shown here$

Illustrative resultEnter your numbers

Provider terms and current state requirements control any offer.

Decision infographic

From state rule to final provider check

A statutory ceiling is not an approval amount.

StartState ruleProduct status and maximum.

ThenOpen loansDatabase or provider verification.

ResultEligible rangeProvider confirms the amount.

What controls the decision

State ruleApply

Open loansVerify

ProviderConfirm

3/3

Ready to compare

Inputs, provider disclosure and repayment fit must agree.

Three gates before you continue

1Lawful routeProduct allowed in the state?
2Amount checkWithin the state framework?
3Database checkOutstanding obligations verified?

Continue the guide

Apply the result to this decision

Use the remaining checks before moving to a provider form.

Decision table

State field	Current rule
Maximum aggregate amount	$500 across deferred-presentment providers
Maximum fee	17.5% of cash advanced
Term	10 to 31 days
NSF fee	Up to $30 in the state notice
Repayment path	One renewal may be offered; provider may then offer four equal monthly installments at no additional cost

Product scenario

At the statutory fee ceiling, a $300 cash advance carries a $52.50 fee (17.5%), for $352.50 due before any separate legally permitted event-specific charge.

Product objections / FAQ

Can Payday Hex guarantee a lender is available in this state? No. Live availability requires current provider and state-license evidence.

Are these state rules permanent? No. State law and regulator guidance can change; the page carries a source-check date and must be refreshed.

Does the maximum legal amount mean I should borrow that much? No. The affordability/paycheck tool can recommend a smaller amount or no borrowing.

Quick comparison

What the product page must answer

Decision	Look for	Stop if
Availability	State eligibility and provider identity	The creditor or license path is unclear
Cost	Amount received, required fees, APR and total repayment	Only the payment size is shown
Timing	Decision, release and bank-posting stages	“Instant” is presented as guaranteed
Repayment	Exact dates, method and late-payment consequences	The payment reopens the same cash gap

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Related guides and tools

6 focused pages, each with a separate canonical job.

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The application page is separate from the guide and is operated with a third-party form provider.

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