(855) 285-5700
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Lending Bear is a state-licensed provider of payday loans in Alabama (known as “Deferred Presentment” loans in Alabama) and title loans in Alabama. Because we are licensed by the state, you can be certain that our practices are ethical, fair, and responsible.
HOW MUCH MONEY CAN I BORROW IN ALABAMA WITH LENDING BEAR?
The maximum amount for an Alabama payday loan is $500. The maximum amount for an installment loan is $1,000. The maximum amount for an Alabama title loan is $10,000.
Lending Bear uses the Alabama state database to determine eligibility for payday loans and installment loans.
WHAT IS THE TERM OF PAYDAY LOANS IN ALABAMA?
Payday loans in Alabama must fall between 10 and 31 days in duration. Installment loans range from 4-6 months in duration with Lending Bear. Title loan transactions are set up for 30 days in duration.
CAN I RENEW MY ALABAMA PAYDAY LOAN?
An Alabama payday loan is due in full on the maturity date. A title loan is due in full on the maturity date. You may obtain another loan once the current loan is paid in full.
HOW DO I REPAY MY ALABAMA INSTALLMENT LOAN?
An Alabama installment loan breaks the total finance charges into smaller, monthly payments, to be paid over a longer timeframe versus a payday loan.
HOW CAN I REPORT ISSUES WITH A STORE TO THE LENDING BEAR CORPORATE OFFICE?
You can call the Lending Bear Complaint Hotline 24 hours a day at 855-782-2273. Your identity will be kept confidential.
HOW CAN I REPORT ISSUES WITH LENDING BEAR TO THE STATE OR FEDERAL GOVERNMENT?
Alabama State Banking Department
401 Adams Avenue
Montgomery, AL 36103
Phone: 334-242-3452
Click here to visit – http://www.bank.state.al.us/
Consumer Financial Protection Bureau
Click here to visit – http://www.consumerfinance.gov/complaint/
*In order to receive a same-day online loan, it must be approved by 2:00 pm EST. Eligible loan amounts vary by state and product category.
There are a wide variety of loan products available in the marketplace, so your choice of lending products should match your financial needs. Small-dollar loans used over a long period of time can be expensive.