Personal loans in Alabama

Consumer lending in Alabama is regulated by the Alabama State Banking Department. Below are the sourced rules that affect what a lender can charge you, followed by the cities we cover.

Lending rules in Alabama

Payday lending	Permitted and regulated — maximum loan amount: $500; maximum loan term: Not less than 10 days and not more than 31 days. Finance charges: May not exceed 17.5% of the amount advancedSource: National Conference of State Legislatures · as of 2023
Small-loan / installment licensing	Consumer lenders must obtain a state license (Yes). Statutory basis: Ala. Code §§ 5-18-1 et seq. Ala. Code §§ 5-19-1 et seq. Licensing administered through NMLS: No "Mortgage - Yes Non-mortgage - No".Source: Conference of State Bank Supervisors · as of 2026
Interest rate cap (usury limit)	Usury limit: 6%; 8% if agreed upon in writing (Code of Ala. § 8-8-1). Finance rates and fees for licensed lenders: See § 5-18-5 See § 5-19-3. CSBS 50-state survey of consumer finance laws; state-verified usury catalog.Source: Conference of State Bank Supervisors · as of 2026
Consumer lending regulator	Consumer lenders in Alabama are licensed and supervised by the Alabama State Banking Department.Source: Conference of State Bank Supervisors · as of 2026
Debt collection rules	Third-party debt collectors must comply with the federal Fair Debt Collection Practices Act (FDCPA), 15 U.S.C. § 1692 et seq.; state consumer-protection and debt-collection enforcement is handled by the Alabama Office of the Attorney General. The FDCPA expressly authorizes state attorneys general to enforce it (15 U.S.C. § 1692l). Some states also require collection agencies to be licensed.Source: Alabama Office of the Attorney General · as of 2026
Military lending protections	The federal Military Lending Act (MLA) caps the Military Annual Percentage Rate (MAPR) at 36% for consumer credit extended to active-duty service members, their spouses and certain dependents, and bars mandatory arbitration and prepayment penalties on covered loans. Federal protection that applies nationwide, including in this state.Source: Consumer Financial Protection Bureau · as of 2024
Complaint / licensing lookup	Check whether a lender holds a state license through NMLS Consumer Access (nmlsconsumeraccess.org) or the Alabama State Banking Department; consumers can file complaints with the Alabama State Banking Department or the CFPB at consumerfinance.gov/complaint.Source: Nationwide Multistate Licensing System (NMLS) Consumer Access · as of 2026

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Cities in Alabama

Birmingham Huntsville Mobile Montgomery Tuscaloosa Hoover Auburn Florence Anniston Dothan Decatur Madison Vestavia Hills Phenix City Prattville Gadsden Alabaster Opelika Northport Enterprise Daphne Homewood Bessemer Athens Trussville Pelham Albertville Oxford Mountain Brook Fairhope Helena Foley Prichard Selma Tillmans Corner Cullman Troy Hueytown Millbrook Center Point Calera Muscle Shoals Saraland Gardendale Talladega Scottsboro Hartselle Alexander City Fort Payne Gulf Shores Chelsea Ozark Jasper Irondale McCalla Moody Jacksonville Pell City Eufaula Sylacauga Leeds Russellville Saks Valley Clay Fairfield Rainbow City Boaz Spanish Fort Fultondale Pleasant Grove Meadowbrook Sheffield Southside Forestdale Pike Road Tuskegee Tuscumbia Andalusia Atmore Clanton Guntersville Arab Meridianville Orange Beach Bay Minette Brook Highland Greenville Pinson Demopolis Wetumpka Hamilton Montevallo Lincoln Lanett Oneonta Satsuma Opp Harvest Robertsdale Chickasaw Highland Lakes Tarrant Grayson Valley Monroeville Theodore Fort Rucker Attalla Moores Mill Rainsville Smiths Station Roanoke Glencoe Redland Brewton Midfield Tallassee Margaret Holtville Semmes Headland Daleville Piedmont Winfield Odenville Holt Jackson Childersburg Springville Argo Hokes Bluff Adamsville Haleyville Fayette Geneva Columbiana Mount Olive Valley Grande Alexandria Pine Level Citronelle Hazel Green Cottondale Kimberly Ladonia Thomasville Loxley Evergreen Centre Priceville Emerald Mountain Elba Grand Bay Heflin Union Springs Weaver Lake View Moulton Marion Livingston Brent Warrior Red Bay Hanceville East Brewton West End-Cobb Town Dadeville Huguley Brighton Eutaw New Hope Choccolocco Eagle Point Centreville Triana Moundville Creola Dora Graysville Luverne Stevenson Sumiton La Fayette Underwood-Petersville Jemison Hartford Lineville Taylor Indian Springs Village Stapleton Bayou La Batre Remlap Clayton Bon Secour Trinity Guin Owens Cross Roads Greensboro Thorsby Ashford Carlisle-Rockledge Good Hope Henagar Riverside Brookwood Butler York Kinsey Bridgeport Elberta Brundidge Morris Aliceville Abbeville Cowarts Wilsonville Whitesboro Camden Lillian Deatsville Lipscomb Coaling Ashville Grove Hill Uniontown Collinsville Point Clear Selmont-West Selmont Westover Linden Reform Crossville Vernon Midland City Fort Deposit Marbury Blountsville Vance Sylvania Level Plains Sardis City Slocomb Vincent Stewartville Ragland Florala Dauphin Island Double Springs Ashland Flomaton Rehobeth Malvern Cordova Cedar Bluff Frisco City Smoke Rise Concord Sylvan Springs Sulligent Newton Gordo Harpersville Munford Bear Creek Elmore Mount Vernon Samson Locust Fork Grant Carbon Hill Rock Creek Summerdale Hackleburg Altoona Magnolia Springs Blue Ridge Hayden Lookout Mountain Ballplay Webb Georgiana West Blocton Falkville Rogersville Fayetteville Fyffe Camp Hill Shoal Creek Steele Parrish Cleveland Ardmore Eclectic Geraldine Susan Moore Brookside Woodstock Snead New Brockton Killen Redstone Arsenal Clio Dunnavant Millport Brilliant Goodwater Ohatchee Cottonwood Pisgah Oak Grove Coats Bend Baileyton Egypt Carrollton Notasulga Skyline Coosada Coker Minor Tidmore Bend Powell Hayneville Woodville Douglas Town Creek New Market

Personal loans in Alabama

Lending rules in Alabama

Calculate your loan

Cities in Alabama

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