Payday Advance at 1029 6th Ave SE, Decatur, AL 35601 is a small-dollar lending operation that provides short-term financial solutions. The organization operates within the consumer finance sector, offering cash advances intended to cover immediate, temporary funding needs. Its activities are concentrated in Decatur and the surrounding areas, reflecting a local service model focused on accessibility and rapid funding.
Historically, payday lending has evolved in Alabama under state-specific regulations that govern short-term, high-cost loans. Providers in this space typically emphasize quick turnaround times, minimal application hurdles, and on-site or in-person service. The entity’s primary functions center on customer intake, loan origination, and disbursement, with repayment terms designed around brief loan durations.
Better than 73% of providers in Decatur
Links and information about Payday Advance:
to the Small Loan Act and Truth-in-Lend ing requirements.17 The industry had other ideas. After an intense, multi-year lobby ing campaign, payday lenders succeeded in getting the Deferred Presentment Services Act (DPSA) passed through the state Legis lature in 2003.18 The law enabled lenders to... charge exorbitant annual percentage rates under the guise of origination fees for loans. Alabama has never been the same. The DPSA is an industry carve-out that grants payday lenders the unique...
www.alabamaappleseed.orgWe’re always looking for new writers. If you’ve got an idea that will pique the interest of our readers and move our ideas forward,we wan...
www.betterpaydayloans.com.auUnlock the power of copywriting for payday lenders. Learn to captivate your audience, address their needs, and boost conversions.
sjdigitalsolutions.comOther providers in Decatur with similar ratings:
Payday Advance is a verified financial service provider. This means we have confirmed their business information, contact details, and they have received customer reviews. You can trust this provider for your financial needs.
Find answers to common questions
Payday Advance is listed as a financial service provider in Decatur, AL and must follow both state and federal regulations that apply to this type of business. As with any financial provider, you should review the agreement carefully before signing, make sure you understand all fees and repayment terms, and only use official contact details from this page or the company's own website. Avoid sharing personal or payment information with anyone who contacts you unexpectedly and, if something seems unclear, ask Payday Advance to explain the terms in writing before you proceed.
To improve your chances of getting better terms from Payday Advance, be prepared with accurate information about your income, existing debts, and the amount you really need to borrow. If possible, check your credit history in advance, avoid late payments on other accounts, and consider offering collateral if the product allows it, as stronger overall finances can help you qualify for more favorable rates or fees. It's also a good idea to compare Payday Advance with other providers in Decatur and to ask directly about any current promotions, loyalty benefits, or ways to reduce the total cost of your loan.
Payday Advance has a rating of 5.0, which is better than 73% of providers in Decatur.
Requirements can vary by product, but for most visits you should be ready to bring a valid government-issued ID, proof of income (such as recent pay stubs or bank statements), and proof of address like a utility bill or lease. If you are applying for a title or secured loan, you may also need the vehicle title, registration, and insurance details, along with any other documents Payday Advance requests. It is always best to call ahead using the phone number on this page so Payday Advance can confirm exactly which documents you need for your specific situation.
In addition to its primary service, Payday Advance also offers: Loan agency.