Welcome to the Alabama Installment Lenders Association website. We have been Alabama’s earliest & most respected trade relationship specialized in customers and also the customer finance industry into the State of Alabama. Since 1960, our users have actually promoted the passions of customers in obtaining installment loans. We formed ourselves in the exact same time as the Alabama Legislature enacted the Alabama Small Loan Act. Our input into payday loans in Massachusetts that 1959 customer security legislation assisted preserve reasonable and truthful little loan financing within our state. Now ever since that start, we now have worked with your legislators and regulators to ensure that economic solutions loans and items are open to all Alabamians.
We’re conventional lenders that are installment. Our lending will be based upon three maxims: (i) equal installments (ii) for clients who possess the capacity to repay (iii) with an obvious path away from financial obligation. Installment loans reveal with quality properly if the loan will shell out in relation to the re payment routine. We assist our clients build their credit score by reporting to credit reporting agencies. This encourages both accountable borrowing and lending that is responsible.