Thank you for visiting the Alabama Installment Lenders Association website. Our company is Alabama’s earliest and a lot of respected trade relationship specialized in payday loans Louisiana online customers as well as the customer finance industry within the State of Alabama. Since 1960, our people have actually promoted the passions of customers in getting installment loans. We formed ourselves during the exact same time as the Alabama Legislature enacted the Alabama Small Loan Act. Our input into that 1959 customer security legislation assisted protect reasonable and truthful loan that is small inside our state. Ever since this start, we now have worked with this legislators and regulators to make certain economic solutions loans and items are accessible to all Alabamians.
We’re conventional lenders that are installment. Our lending is dependant on three maxims: (i) equal installment payments (ii) for clients who possess the capacity to repay (iii) with an obvious pathway away from financial obligation. Installment loans reveal with quality exactly as soon as the loan will shell out based on the repayment routine. We assist our clients build their credit score by reporting to credit reporting agencies. This encourages both responsible borrowing and accountable lending. Our loans are client driven—no prepayment charges and repayment that is understandable would be the rule. Our loans are clear, making them the best loan product for customers. And, we make loans from neighborhood workplaces with regional loan providers, providing even more personalized solution than a bank. And, in 2016 we changed our title to include “installment” to make certain that there is no misunderstanding of your objective.
Alabama’s Consumer Finance Industry–By the Figures
The Alabama Consumer Finance business is business that is important our State, impacting the numerous life of clients and workers alike. You can find over 3300 consumer that is licensed business workplaces inside our State.