Payday Loans Fairfield AL | Online Payday Loans Alabama Near Me
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That’s why payday loans are designed but due to their cost, it is illegal in some states. But as per the rules of Alabama, it is permitted in Fairfield and as a citizen, you can acquire it from online payday lenders or storefronts. The maximum financial charges allowed to be charged to borrowers are 17.5% and average annual percentage rate is around 450% for an amount up to $500. Only one time refinance of loan is allowed but that can cost your loan double, so always try to pay back on time, whose limit is also set by the state; minimum 10 and maximum of 31 days.