Bears LendingBears Lending in Alabama The full lineup, at 6 stores from Mobile to Auburn.
Alabama is the one state where we offer every loan type — payday, title, installment, line of credit, pawn at select stores, and check cashing. Alabama sets a 19+ age requirement and its own fee limits; all of it is below.
borrower age
Loans available at Alabama stores
Every Alabama rate, in one place
Set by Alabama law where the law sets it, posted in writing everywhere else. Open any loan for the full table.
Payday LoansDeferred presentment · 10–31 days
| Amount | Charge | Total | APR* |
|---|---|---|---|
| $200 | $35.00 | $235.00 | 456.25% |
| $300 | $52.50 | $352.50 | 456.25% |
| $400 | $70.00 | $470.00 | 456.25% |
| $500 | $87.50 | $587.50 | 456.25% |
Fee up to 17.5% of the amount advanced. Maximum $500. Borrowers must be 19 or older. One rollover permitted; repayment plan available on request.
Payday Loans details →Title Loans & Title PawnTitle loan · 30-day term
| Amount | 30-day charge | Total | APR* |
|---|---|---|---|
| $500 | $125 | $625 | 304.17% |
| $1,000 | $250 | $1,250 | 304.17% |
| $2,500 | $625 | $3,125 | 304.17% |
| $5,000 | $1,250 | $6,250 | 304.17% |
25% per month. Renewable monthly by paying the charge. Borrowers must be 19+. 30-day right to cure before any repossession.
Title Loans & Title Pawn details →Installment LoansSmall loan · 3–24 months
| Term | APR range | $1,000 / mo | Total |
|---|---|---|---|
| 3 mo | 99% | $390.58 | $1,171.74 |
| 6 mo | 99% | $215.30 | $1,291.80 |
| 12 mo | 99–129% | $133.70 | $1,604.40 |
| 24 mo | 129–149% | $101.80 | $2,443.20 |
Maximum $5,000. Borrowers must be 19+. Repayment plan available on request.
Installment Loans details →Line of CreditOpen-end credit · no term
| Limit | Daily rate | APR* | Min. payment |
|---|---|---|---|
| $200 | 0.80% | 292.00% | $25 |
| $500 | 0.80% | 292.00% | $25 |
| $1,500 | 0.75% | 273.75% | 5% |
| $3,000 | 0.70% | 255.50% | 5% |
Rate tiers by limit. Age 19+. Draws in cash at any Alabama store or to your bank.
Line of Credit details →Personal LoansSmall loan · 6–36 months
| Term | APR range | $3,000 / mo | Total |
|---|---|---|---|
| 6 mo | 17.99–35.99% | $526–$552 | $3,156–$3,312 |
| 12 mo | 17.99–35.99% | $275–$300 | $3,300–$3,604 |
| 24 mo | 17.99–35.99% | $150–$176 | $3,594–$4,235 |
| 36 mo | 17.99–35.99% | $108–$137 | $3,904–$4,932 |
Maximum $5,000. Age 19+. Fixed rate for the full term.
Personal Loans details →Bad Credit LoansSmall loan · 6–18 months
| Term | APR | $1,500 / mo | Total |
|---|---|---|---|
| 6 mo | 69% | $298.76 | $1,792.56 |
| 12 mo | 79% | $183.30 | $2,199.60 |
| 18 mo | 99% | $154.40 | $2,779.20 |
Maximum $3,000. Age 19+. Repayment plan available.
Bad Credit Loans details →Debt Consolidation Loans12–36 months
| Credit band | APR | $4,000 / 24 mo | Total |
|---|---|---|---|
| 660+ | 17.99–28.99% | $199–$220 | $4,776–$5,280 |
| 600–659 | 29.00–35.99% | $220–$234 | $5,280–$5,616 |
| Under 600 | 69–99% | $293–$350 | $7,032–$8,400 |
Maximum $5,000. Age 19+.
Debt Consolidation Loans details →Pawn LoansPawnbroker · 30-day term
| Borrow | Charge | Redeem | APR* |
|---|---|---|---|
| $200 | $50 | $250 | 304.17% |
| $500 | $125 | $625 | 304.17% |
| $1,500 | $375 | $1,875 | 304.17% |
| $5,000 | $1,250 | $6,250 | 304.17% |
Pawn services available at select Alabama stores. Borrowers must be 19+.
Pawn Loans details →Check CashingCheck casher license
| Check type | Fee | $1,000 check | State cap |
|---|---|---|---|
| Payroll | 2.5% | $25 | — |
| Government | 2.5% | $25 | — |
| Tax refund | 3% | $30 | — |
| Personal | 5–10% | $50–$100 | — |
Alabama does not cap check cashing fees; Bears Lending posts its rates at every counter.
Check Cashing details →Six rules every Alabama borrower should know
Payday: 17.5% fee, $500 cap
Alabama's Deferred Presentment Services Act allows a fee up to 17.5% of the amount advanced, a $500 maximum and a 10–31 day term. One rollover is permitted; a repayment plan is available instead.
Age 19 to borrow
Alabama's age of majority is 19. Every loan type requires the borrower to be 19 or older with a government photo ID.
Title loans under the Pawnshop Act
Vehicle title loans are pawns: 25% per month, 30-day term, renewable. Written notice and a 30-day right to cure before any repossession.
No cap on check cashing fees
Alabama doesn't set a maximum. Bears Lending posts its rates — 2.5% payroll and government, 3% tax refund — at every counter.
Installment and line of credit
Licensed under the Alabama Small Loan Act, with rate bands by term. Lines of credit are open-end with interest on drawn balance only.
Regulator
Alabama State Banking Department, Bureau of Loans, licenses deferred presentment providers, small loan companies and check cashers. Verify at banking.alabama.gov.
6 Alabama locations
Every Alabama store offers payday, title, installment, line of credit, personal and bad credit loans and check cashing. Pawn services are available at Dothan and Mobile.
Same hours at every store
One number reaches every Alabama store: (855) 555-0199. Ask for the nearest address, or apply online and choose a pickup store.
Licensed and regulated in Alabama
Alabama State Banking Department
Our Alabama regulator. Every license above can be verified on the department's public lookup, and complaints can be filed there directly.
banking.alabama.gov · 1-334-242-3452
All state licenses →What loans does Bears Lending offer in Alabama?
All ten: payday, title, installment, line of credit, personal, bad credit, emergency, debt consolidation, pawn (Dothan and Mobile) and check cashing.
Why is the minimum age 19?
Alabama's legal age of majority is 19, so every consumer loan contract requires the borrower to be 19 or older.
How much does an Alabama payday loan cost?
Up to 17.5% of the amount advanced. A $300 loan costs $52.50 to repay within 10–31 days. Payday loan details →
Can I roll over a payday loan in Alabama?
One rollover is permitted, but it adds a new fee. Ask for the repayment plan instead — it splits the balance with no additional charges.
Do Alabama title loans let me keep the car?
Yes. You keep driving; we hold the title. 25% per month, renewable, with written notice and a 30-day right to cure before any repossession. Title loan details →
Where are the Alabama stores?
Six stores: Dothan, Mobile, Montgomery, Enterprise, Auburn and Phenix City. Call (855) 555-0199 for the nearest address.
Alabama, every loan
we make, under one roof.
Payday, title, installment, line of credit and more at six stores. Age 19+, rates posted, cash today.
- All 10 loan types
- Same-day funding
- No credit check options
- Licensed by Alabama SBD
Dothan · Mobile · Montgomery · Enterprise · Auburn · Phenix City
Store hours