- Payday loans in Arab follow Alabama law (Alabama Deferred Presentment Services Act).
- Borrowing $300 at the state maximum costs $52.50 (17.5% fee).
- The nearest larger city is Huntsville, about 27 miles away.
Arab at a glance
| Arab | |
|---|---|
| Population (2024 Census estimate) | 8,918 |
| Change since 2020 | +5.6% (growing fast) |
| Counties | Cullman County and Marshall County |
| Size rank among 389 Alabama places we cover | 75th |
| Nearest larger city | Huntsville (about 27 miles) |
| Credit unions headquartered in town (NCUA) | None |
| Other towns within 25 miles | 28 (about 95,311 residents) |
| Typical payday APR statewide (CRL 2023) | 456% |
There is no separate Arab payday law: Alabama rules apply here, and any lender serving Arab residents, online or in person, needs a license from the Alabama State Banking Department.
Credit unions near Arab
NCUA data (June 2026) shows no credit union headquartered in Arab or Cullman County and Marshall County. Many credit unions have branches in other towns or accept members online. Use the NCUA’s Credit Union Locator to find one near you.
Only federal credit unions can offer payday alternative loans (PALs), capped at 28% APR; state-chartered credit unions often have their own small-loan products. Membership rules apply, and only main offices are listed here; find branches near you with the NCUA Credit Union Locator. See how PALs work.
Payday loan rules that apply in Arab
In short, Alabama rules that cover Arab include: maximum loan: $500 outstanding in total (checked through a statewide database); maximum fee: 17.5% of the amount advanced; loan term: 10 to 31 days. See the full Alabama payday loan rules.
What a $300 loan costs in Arab
The Center for Responsible Lending put the typical APR on a $400 payday loan in Alabama at 456% (June 2023). For $300 at the state maximum, expect $52.50 (17.5% fee). Check any offer with our payday loan calculator.
Other help in Cullman County before you borrow
Before a payday loan, Arab residents can usually find something cheaper:
- Local assistance through 211 covering Cullman County.
- A credit union payday alternative loan (max 28% APR). See PALs explained.
- Your bank’s small-dollar loan, if offered (compare banks).
- A cash advance app for $20–$500 (apps compared).
Towns near Arab
- Cherokee Ridge · 7 mi
- Baileyton · 8 mi
- Fairview · 12 mi
- Holly Pond · 13 mi
- Guntersville · 14 mi
- Eva · 15 mi
The nearest larger city is Huntsville, about 27 miles away. See all 389 Alabama cities.
Need cash before payday?Send one free request to our lender network. We are not a lender; offers and rates come from lenders.
Request a loanFrequently asked questions
Are payday loans legal in Arab?
Yes. Payday loans are legal in Arab under Alabama state law, and lenders must be licensed by the Alabama State Banking Department.
How much does a payday loan cost in Arab?
At Alabama’s maximum fee, borrowing $300 costs $52.50 (17.5% fee). The typical statewide APR was 456% in 2023.
Where is the nearest credit union to Arab?
NCUA data shows no credit union headquartered in Arab or its county. Use the NCUA credit union locator to find branches and online credit unions.
Sources
- U.S. Census Bureau — City and town population totals, Vintage 2024
- U.S. Census Bureau — 2024 Gazetteer files (place locations)
- NCUA — Credit union call report data, June 2026 (FOICU)
- NCLC — Consumer Credit Regulation: Alabama
- Lexology — Alabama establishes payday loan database
- Center for Responsible Lending — Red Alert Rates: APRs on $400 single-payment payday loans (June 2023)
- CDFI Fund — NCUA payday alternative loans summary