Payday loans in Madison, AL
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Madison, AL.
The median household in Madison earns $134,655 a year, 110% above the Alabama median of $63,999. About 4% of residents live below the federal poverty line, and 26.0% of households rent their home. When an unexpected bill hits before payday, Madison residents can request $100 to $1,000 online in minutes.
Alabama law that applies in Madison
| Maximum loan | $500 per loan. |
|---|---|
| Fee cap | The fee may not exceed 17.5% of the amount advanced ($17.50 per $100). |
| Rollovers | One renewal or extension is allowed at the same fee, for a maximum of two continuous transactions. |
| Loans at once | A lender may not lend if your outstanding payday loans from all lenders would exceed $500. |
| Payment plan | After the first loan period and one rollover, the full balance is due. |
Full rules with statute citations: Payday Loans in Alabama. Cities in Alabama cannot set their own payday or title loan rate caps in most cases; zoning rules for storefronts are local.
What you need for a payday loan in Madison
Lenders that serve Madison typically ask for the following:
- Be 18 or older (19 in some states) and a US resident
- A government-issued photo ID
- A steady source of income — a job, benefits or self-employment
- An active checking account in your name for the deposit
- A working phone number and email address
Popular loan amounts in Madison
What Madison borrowers use it for
keep getting to work while the shop fixes it
Need money nowthe fastest options online
Emergencieshandle the unexpected the same week
Moving costsdeposits, trucks and first-week expenses
Loans for your situation
How to get a payday loan in Madison
- Pick an amount and fill out the short form (about 3 minutes).
- We share your request with lenders in our network that serve Alabama.
- If a lender approves you, you'll see the fee, APR and due date before you sign.
- Funds are deposited to your bank account, often the next business day.
Estimate your cost
How much will I repay?
Alabama caps the fee at $17.5 per $100 (state law).
Estimate only. Your lender shows your exact cost before you sign.
Banks and credit unions in the area
Banks with branches in Madison
27 FDIC-insured bank branches from 19 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| Regions Bank | 4 | 7990 Highway 72 W, Madison 35758 |
| PNC Bank, National Association | 2 | 7930 Highway 72 W, Madison 35758 |
| Truist Bank | 2 | 8857 Madison Blvd, Madison 35758 |
| The Huntington National Bank | 2 | 41 Hughes Rd, Madison 35758 |
| Bank Independent | 2 | 7564 Highway 72 W Ste A1, Madison 35758 |
| JPMorgan Chase Bank, National Association | 2 | 8160 Highway 72 W, Madison 35758 |
| Wells Fargo Bank, National Association | 1 | 7796 Highway 72 W, Madison 35758 |
| Pinnacle Bank | 1 | 11 Hughes Rd, Madison 35758 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Madison
12 credit-union locations from 6 credit unions.
| Credit union | Location |
|---|---|
| Communityamerica | 9000 Greenbrier Pkwy Nw, Madison 35756 |
| Redstone | 650 Hughes Rd, Madison 35758 |
| Alabama | 100 New Bristol Lane, Madison 35756 |
| Family Security | 8230 Madison Blvd, Madison 35758 |
| Avadian | 8566 Madison Blvd, Madison 35758 |
| North Alabama Educators | 7559 Highway 72 W Ste 114, Madison 35758 |
Source: NCUA credit union branch data, June 30, 2026.
Nearby cities
County: Madison County · Limestone County · Personal Loans in Madison · Title Loans in Madison
Frequently asked questions
Can I get a payday loan in Madison, AL?
Payday loans ("deferred presentment") are legal in Alabama from lenders licensed by the State Banking Department under the Deferred Presentment Services Act, Ala. You can request one online from Madison through our network; approval and terms are set by the lender.
How much can I borrow with a payday loan in Madison?
$500 per loan.
How much does a $300 payday loan cost in Madison?
At Alabama's cap of $17.5 per $100, the fee on $300 is $52, so you would repay $352 on your due date.
How fast can I get a payday loan in Madison?
The form takes about three minutes and many lenders decide within minutes. If you're approved and sign before the lender's cutoff, funds are often deposited the next business day.
Where can I get a payday loan in Madison?
You can visit a storefront in Madison or request a loan online without leaving home. Our free form sends one request to multiple lenders in our network, so you don't have to apply store by store. If a lender makes you an offer, you review the terms and decide whether to accept, with no obligation. It takes about 3 minutes to see if you qualify.
How do I get a payday loan in Madison, AL?
Have a few basics ready: a government-issued ID, proof of regular income, an active checking account, and a working phone number and email. Then complete our secure online form. Lenders review your request, and many give a decision within minutes. If you're approved, you'll see the full terms before signing. Most Madison borrowers can finish the form in about 3 minutes.
Do payday lenders in Madison check your credit?
Most payday lenders check something, but it often isn't a traditional credit report. Many focus on income and banking history and may use alternative credit data or a soft check instead of a hard pull from the major bureaus. Each lender sets its own process and will tell you what it reviews. Submitting our form is free, and you can see if you qualify in about 3 minutes.
Is a payday loan installment or revolving credit?
A traditional payday loan is neither. It's a single-payment loan: you borrow a set amount and repay it, plus the fee, in one payment on your due date. An installment loan spreads repayment over several scheduled payments, and revolving credit, like a credit card, lets you borrow repeatedly up to a limit. Depending on Alabama rules, lenders may offer payday or installment options. Compare them in about 3 minutes.
How much does a payday loan cost in Madison?
The fee may not exceed 17.5% of the amount advanced ($17.50 per $100). Your lender shows the exact fee, total amount to repay, due date and APR before you sign, so you know the full cost upfront. There's no charge to use our form, and you're never obligated to accept an offer. Compare what lenders offer Madison borrowers in about 3 minutes.
Do I need to visit a store in Madison?
No. You can request offers online from a phone or computer. Some lenders, especially title lenders, may ask you to visit a location or send photos of your vehicle.