Montgomery, AL · South · Allowed
Payday loans in Montgomery
Montgomery is governed by Alabama's statewide lending law — cities don't set their own loan rules. Storefront payday lending is permitted in Alabama. State law caps what lenders can charge — the limits below are the legal ceiling, and honest lenders stay under it.
The limits below are the legal ceiling — any offer above them is being made outside the law.
Lending storefronts in Montgomery
200,022 residents · Montgomery County Median household income is $42,927 — below the Alabama median of $48,973.
15 storefront locations of 8 companies listed in the public directory snapshot below. Categories are the directory's own — verify a store's license with the state regulator before borrowing.
| Lender | Address | Phone | Hours |
|---|---|---|---|
| Advance America Title Loans, Check Cashing/Pay-day Loans | 2553 Madison Ave, 36107 | (334) 832-9360 | Mon 10:00 AM - 6:00 PM · hours vary |
| Advance America Title Loans, Check Cashing/Pay-day Loans | 3893 Eastern Blvd Ste 200, 36116 | (334) 272-4606 | Mon 10:00 AM - 6:00 PM · hours vary |
| Always Money Gold Buyers, Check Cashing/Pay-day Loans | 4748 Mobile Hwy, 36108 | (334) 286-4832 | Mon 9:00 AM - 6:00 PM · hours vary |
| Always Money Gold Buyers, Check Cashing/Pay-day Loans | 447 N Eastern Blvd, 36117 | (334) 272-0650 | Mon 9:00 AM - 5:00 PM · hours vary |
| Always Money Gold Buyers, Check Cashing/Pay-day Loans | 2851 A E South Blvd, 36116 | (334) 284-9833 | Mon 9:00 AM - 6:00 PM · hours vary |
| Approved Cash Check Cashing/Pay-day Loans, Title Loans, Installment Loans | 5883 Atlanta Hwy, 36117 | (334) 396-3733 | Mon 10:00 AM - 6:00 PM · hours vary |
| Caliber Home Loans Mortgage Lenders, Installment Loans | 7515 Halcyon Summit Dr Ste 301, 36117 | (334) 777-1500 | Mon–Fri 8:00 AM - 5:00 PM · Sat–Sun Closed |
| Quik Pawn Shop Pawn Shops, Check Cashing/Pay-day Loans | 1361 N Ripley St, 36104 | (334) 834-7296 | Mon 9:00 AM - 6:00 PM · hours vary |
| Quik Pawn Shop Pawn Shops, Title Loans, Check Cashing/Pay-day Loans | 2591 Madison Ave, 36107 | (334) 264-9961 | Mon 9:00 AM - 6:00 PM · hours vary |
| Quik Pawn Shop Pawn Shops, Check Cashing/Pay-day Loans, Title Loans | 4204 Norman Bridge Rd, 36105 | (334) 281-3615 | Mon 8:00 AM - 6:00 PM · hours vary |
| Quik Pawn Shop Pawn Shops, Title Loans, Check Cashing/Pay-day Loans | 201 N Burbank Dr, 36117 | (334) 271-4240 | Mon 9:00 AM - 6:00 PM · hours vary |
| Rice Banking Auto Loan Providers, Check Cashing/Pay-day Loans | 4063 Atlanta Hwy, 36109 | (334) 280-2880 | Mon–Fri 9:00 AM - 6:00 PM · Sat–Sun Closed |
| Security Finance Installment Loans | 6156 Atlanta Hwy, 36117 | (334) 277-4670 | Mon 9:00 AM - 6:00 PM · hours vary |
| Speedy Cash Check Cashing/Pay-day Loans | 932 Ann St, 36107 | (334) 262-1092 | Mon 8:00 AM - 8:00 PM · hours vary |
| Speedy Cash Check Cashing/Pay-day Loans, Title Loans, Installment Loans | 1501 Eastern Blvd, 36117 | (334) 244-4088 | Mon 8:00 AM - 8:00 PM · hours vary |
Listing data: public business directory, collected 2022-02-20. Stores close and relocate — confirm with the regulator's license lookup on the Alabama page before visiting. Spot an error? Report it.
The online route in Montgomery
A parallel market lends entirely online — application, decision and funding on a website, no storefront. Lenders licensed in Alabama follow the state schedule anywhere in the state, but bank-partner and tribal loans are structured outside state rate limits, and regulators dispute that model.
From the online lenders directory — terms each lender publishes about itself, checked September 2026. Directory only: we are not affiliated and make no availability promises — verify with the lender and the Alabama regulator.
The rules behind the numbers
A payday loan is a short-term, high-cost loan designed to meet immediate cash needs and is not intended for long-term financial solutions.
In practice: borrow $300 for a standard term and the finance charge is $52.5 — $352.5 repaid at the end, about 456% APR. Every compliant lender in Montgomery has to fit inside that schedule.
Statute: Ala. Code § 5-18A-1 et seq.
Regulator: Alabama State Banking Department · banking.alabama.gov
Questions people ask in Montgomery
Are payday loans legal in Montgomery, AL?
Yes. Storefront payday lending is permitted across Alabama, and Montgomery runs under the same state rules: maximum loan $500, fees capped at 17.5% of loan amount ($17.50 per $100). A store charging above the cap is operating illegally.
How much would a $300 loan cost me in Montgomery?
The same as anywhere in Alabama: state law sets the schedule. On a typical $300 loan the finance charge is about $52.5 — $352.5 repaid at the end of the standard term.
Which lenders have stores in Montgomery?
15 storefronts are listed in Montgomery in our 2022-02-20 directory snapshot (8 different companies). The full list with addresses, phones and hours is in the table above.
Who regulates lenders in Montgomery?
Complaints about a lender go to the Alabama State Banking Department (banking.alabama.gov) — keep the loan agreement and every fee disclosure you were given.