Payday loans in Pelham, AL
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Pelham, AL.
The median household in Pelham earns $101,094 a year, 58% above the Alabama median of $63,999. About 7% of residents live below the federal poverty line, and 16.1% of households rent their home. When an unexpected bill hits before payday, Pelham residents can request $100 to $1,000 online in minutes.
Alabama law that applies in Pelham
| 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 Pelham
Here's what to have on hand before you start your payday loan request in Pelham:
- 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 Pelham
What Pelham borrowers use it for
cover a short gap before payday
Emergencieshandle the unexpected the same week
Medical billspay a doctor, dentist or pharmacy bill now
Holiday expensesgifts and travel without maxing a card
Loans for your situation
How to get a payday loan in Pelham
- 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 Pelham
10 FDIC-insured bank branches from 9 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| Regions Bank | 2 | 2964 Pelham Pkwy, Pelham 35124 |
| Renasant Bank | 1 | 3513 Pelham Pkwy, Pelham 35124 |
| Peoples Bank of Alabama | 1 | 2267 Pelham Pkwy, Pelham 35124 |
| Truist Bank | 1 | 2998 Pelham Pkwy, Pelham 35124 |
| Wells Fargo Bank, National Association | 1 | 2261 Highway 31 S, Pelham 35124 |
| PNC Bank, National Association | 1 | 3080 Pelham Pkwy, Pelham 35124 |
| Pinnacle Bank | 1 | 2304 Pelham Pkwy, Pelham 35124 |
| First Financial Bank | 1 | 3304 Pelham Pkwy, Pelham 35124 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Pelham
4 credit-union locations from 4 credit unions.
| Credit union | Location |
|---|---|
| America'S First | 10 Racquet Club Pkwy, Pelham 35124 |
| Southern Energy | 301 Huntley Pkwy, Pelham 35124 |
| Avadian | 2723 Pelham Pkwy, Pelham 35124 |
| Mutual Savings | 3596 Pelham Pkwy, Pelham 35124 |
Source: NCUA credit union branch data, June 30, 2026.
Nearby cities
County: Shelby County · Personal Loans in Pelham · Title Loans in Pelham
Frequently asked questions
Can I get a payday loan in Pelham, 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 Pelham through our network; approval and terms are set by the lender.
How much can I borrow with a payday loan in Pelham?
$500 per loan.
How much does a $300 payday loan cost in Pelham?
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 Pelham?
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.
How much does a payday loan cost in Pelham?
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 Pelham borrowers in about 3 minutes.
Is a payday loan the same as a cash advance?
The terms are often used interchangeably. A payday loan is sometimes called a cash advance because it advances money against your next paycheck. A credit card cash advance is different: you withdraw cash against your card's credit limit, which requires available credit on a card. If you don't have card credit to tap, a payday loan through our network is a fast option. Check your options in about 3 minutes.
Do payday lenders in Pelham 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.
Where can I get a payday loan in Pelham?
You can visit a storefront in Pelham 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.
Do I need to visit a store in Pelham?
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.