Payday Loans in Montgomery, AL
at 71 Commerce St, 36104
- (334) 213-9885
- 3+ years of operating in Montgomery
- Apply in-store 8:00 am–10:00 pm (Mon–Fri)
- Open on Saturday
- Payday loans, installment loans
- Online application 24/7
1F Cash Advance Store in Montgomery
When financial emergencies strike, 1F Cash Advance provides Alabama residents with quick support. Our partner lenders consider borrowers with bad credit and offer loans that are clear, fast, and easy to get. Visit us today, get an approval decision in minutes, and receive the cash you need on the same or the next day.
The Montgomery store is located near the Montgomery Performing Arts Center and the Hank Williams Museum, so you can reach us conveniently. Our team is here to help you every step of the way.
- Monday8 am – 10 pm
- Tuesday8 am – 10 pm
- Wednesday8 am – 10 pm
- Thursday8 am – 10 pm
- Friday8 am – 10 pm
- Saturday9 am – 6 pm
- SundayClosed
Payday Loans, Installment Loans
Chad Nestor
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In-Store Loan Products
Here are the products you can get at our Montgomery location.
Payday Loans
Max. amount $500
Payday loans in Montgomery let you borrow up to $500 to cover small emergencies and unexpected expenses. The repayment terms range from 10 to 31 days, allowing you to avoid a long-term financial commitment.
Installment Loans
Max. amount $5,000
An installment loan can help you meet your larger needs or finance big purchases. Get up to $5,000 and repay the funds in fixed installments. Predictable payments make it easier to manage the debt, while longer repayment terms allow you to adjust your payments to fit your budget.
Loan Application Process
We value your time and do our best so you can get back to your day quickly. The application process takes just 3 simple steps:
Visit our store
Bring the basic documents and spend 5 minutes completing an easy and secure form. Our team will do the rest of the work for you.
Wait for approval
Applicants usually receive loan decisions in minutes. We only perform a soft credit check as part of our review process, although some lenders may use a hard inquiry once you decide to move forward.
Get the funds
If approved, the money will be issued in cash immediately or deposited into your bank account on the same day or the next business day.*
*No approval is guaranteed. A loan decision is made based on your application and financial details.
Same-day funding is possible for loans originated before 10:30 am on weekdays. Approvals after 10:30 am or on weekends are processed on the next banking day. Instant cash loans are offered to applicants who provide post-dated checks for repayment.
What to Bring In-Store
We make the entire process simple so that you can complete it quickly when an emergency happens. Here’s what you need to apply:
- Valid US-issued photo ID
- Social Security number
- Valid email and cell phone number
- Active bank account details
- Proof of income
- Proof of Alabama address
What Alabama Borrowers Actually Pay
In 2024, lenders made 617,431 loans to 79,438 people. The average loan was $389.51 with a $67.99 fee, paid back over 20.6 days. That works out to about 309% APR 4. Since August 2015, every payday loan in the state has had to clear one database, so these are counts, not estimates.
About 1F Cash Advance in Montgomery, Alabama
For over five years, 1F Cash Advance has been helping people across Alabama handle money emergencies fast. Our Montgomery store opened in 2023 to provide personalized loan services for those who need a customer-focused approach.
It’s not hard to see why small loans get used a lot here. The median household income in Montgomery is $56,811, and 21.5% of people live below the poverty line 1. Nationally, 63% of adults say they’d cover a surprise $400 expense entirely with cash, savings, or a credit card paid off at the next statement. Most of the other 37% would still find a way to pay it. But 13% say they couldn’t cover it at all.2 That leaves about a third who can’t. Car repairs and medical bills don’t wait for payday.
We understand that life happens, so we don’t judge you by your credit history. Instead, we partner with legitimate lenders in Montgomery, AL, that consider people with all credit backgrounds to help them get through a short-term financial bind. With transparent terms, a simple application process, and fast funding, we are your one-stop shop for emergency loans.
Customer Notice
1F Cash Advance is committed to responsible borrowing. Payday loans are not designed for your ongoing needs and can be expensive if used for a long period. Only use them for small emergencies and unexpected expenses, and explore cheaper options first. Before applying, decide on a realistic loan amount and make sure you can repay it on time. Avoid borrowing if you experience long-term financial problems and seek professional counseling instead.
FAQ
How fast will I get my payday loan?
On average, loan funds arrive within 1 business day of approval. Same-day deposits are possible for borrowers who finalize their loans before 10:30 am on a weekday. In-store applicants who repay via a post-dated check can get instant cash right away once approved.
Can I qualify for a loan with bad credit?
1F Cash Advance sets no minimum credit score requirements. We accept borrowers with bad or no credit as long as they can show their ability to repay.
How much does a $500 payday loan cost in Alabama?
The legal fee maximum for payday loans in Alabama is $87.50 (for a $500 loan). You pay back $587.50. This translates to an APR of 456.25% if you borrow for 14 days, or 206.05% for a 31-day loan. The fee is the same either way. The APR changes because your loan is spread over a longer period 3.
Do you check my credit score?
Our review process involves a soft credit check that assesses your income, debts, employment status, and recent payment history so we can find a lender with the requirements you can meet. Such an inquiry takes a few minutes and doesn't affect your FICO score. However, some lenders in our network may perform a hard credit check prior to final approval. Although it’s not that common for payday loans, read your offer carefully.
Is it legal to get a payday loan in Alabama?
Payday loans are legal in Alabama, but certain limits on a maximum loan amount and finance charge apply. 1F Cash Advance strictly follows all the state rules and regulations.
What are my options if I can't repay the loan on time?
Late payments in Alabama may involve an NSF fee of up to $30. Additionally, defaulting on your loan may affect your credit score. If you experience difficulties with repayment, contact your lender and ask for a repayment plan. Alabama law also allows a one-time deferral of your repayment date.
Sources
- 1 U.S. Census Bureau — QuickFacts: Montgomery city, Alabama. Income & Poverty, 2020–2024 ACS 5-year estimates (V2025 vintage).
- 2 Board of Governors of the Federal Reserve System — Report on the Economic Well-Being of U.S. Households in 2025.
- 3 Alabama State Banking Department — Alabama Deferred Presentment Services Act, Title 5, Chapter 18A (Act 2003-359).
- 4 Alabama State Banking Department — Superintendent of Banks Annual Report, Fiscal Year 2025.
