1-Hour Payday Loans in Huntsville (AL)

1-Hour Payday Loans
Get a 1-hour payday loans in Huntsville (AL) from one of the lenders verified by our specialists. On 19.07.2024 there are 4 options available to you. Increase your chances of getting a loan — fill out an application with a free credit rating check.
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Rating by Finanso®

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
100.00 – 5000.00 $

Interest rate

from 0.05 %

Loan term for the financial product

5 days – 3 months


  1. Much smaller than other types of loans. The average loan amounts range from $300 to $500. This is because they are designed to help borrowers cover unexpected expenses or bridge gaps between paychecks rather than financing large purchases.

  2. High-cost loans. Lenders charge a fee for the loan, typically $15 to $30 for every $100 borrowed. This fee is due in full when the loan is due, or the borrower can choose to refinance the loan by paying the fee again and extending the due date. The annual percentage rate (APR) for payday loans can be over 400%, significantly higher than other types of loans.

  3. No credit check requirements. Payday lenders often do not consider a borrower's credit history or score when making a loan decision. Instead, they require proof of income and a bank account. This makes small cash loans accessible to many borrowers who may not qualify for other types of loans.

  4. Due in a short time frame. If the borrower cannot repay the loan in full, they may choose to renew the loan by paying the fee again and extending the due date. However, this can lead to a cycle of debt as the fees continue to add up, making it harder for the borrower to repay the loan.

How to get 1-hour payday loans in Huntsville (AL)?

  1. Research and identify potential lenders. Conduct research to find lenders that offer payday loans with fast processing times. You can use online search engines to find lenders or visit a payday loan comparison website to discover the top lenders offering fast loans.

  2. Check the lender's requirements. Once you have identified potential lenders, check their website for their requirements and qualifications. See what documentation they require to approve you for a loan. Common qualifications for a payday loan include being at least 18 years old, having a regular income, and having a valid bank account.

  3. Gather necessary documentation. Based on the requirements of the lender, gather all the necessary documentation for the loan application. This may include having a photo ID, proof of income, and a valid bank account.

  4. Submit your loan application. Submit your loan application to the lender either online or in person. The application process for a payday loan typically only takes a few minutes.

  5. Wait for approval. Once your application is submitted, the lender will review it to determine if you meet the qualification and requirements. If you meet the requirements, the lender will approve your loan request.

  6. Receive funds. If your loan application is approved, the lender will transfer the funds to your bank account. This process typically occurs within an hour of approval.

Requirements and conditions

Before applying for a payday loan, it's important to know what the requirements are.

  1. Be at least 18 years old and must have a stable source of income. The lender might ask for proof of employment or income, such as a pay stub. Some lenders might also require a minimum credit score, but others may not have this requirement and accept bad credit scores.

  2. Valid ID and proof of address. The borrower must have a valid government-issued ID such as a driver's license or passport. They also must provide proof of address, such as a utility bill or other official mail.

  3. Bank account. Most payday lenders require the borrower to have an active checking account. This is because the lender will typically deposit the loan amount directly into the borrower's bank account and then deduct the repayment amount on the due date.

The process of applying for a payday loan involves filling out an online application form that will ask for personal information such as name, address, social security number, and employment information. The applicant will also need to choose the loan amount they are requesting as well as the repayment terms.

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