Centreville is one of the small cities in Alabama, US, that is situated in the Bibb County region. In this city of 24.86 km² area, only 2,621 people live. As per the survey, the highest-earning working sectors in Centreville are Health Care & Social Assistance, Educational Services Construction, Manufacturing, and Educational Services. In terms of economic growth, it lacks behind while comparing it with national average annual growth. Currently, the economic rate of Centreville has declined to 12.2%. Among the whole population, there can be several people who struggle with a tough financial time.
Therefore, the city has legalized short-term loans which are the expensive ones but proof as an instant help. Maximum you can borrow here is $500 that too for 10 to 31 days of the payback period. Its annual percentage rate is near about 456% for $100 that has to be refunded in 14 days, along with the finance charges that can’t exceed 17.50% per month. If you realize that you can’t refund your debt on time then there is an option of a rollover, with which you can refinance your loan amount but only once. Hence, choose your pathway clearly and wisely to avoid getting trapped in a debt cycle.