- Payday loans in Clayhatchee 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 Enterprise, about 10 miles away.
Clayhatchee at a glance
| Clayhatchee | |
|---|---|
| Population (2024 Census estimate) | 483 |
| Change since 2020 | +2.8% (growing) |
| County | Dale County |
| Size rank among 389 Alabama places we cover | 334th |
| Nearest larger city | Enterprise (about 10 miles) |
| Credit unions headquartered in town (NCUA) | None |
| Credit unions headquartered in Dale County | 1 |
| Other towns within 25 miles | 24 (about 162,022 residents) |
| Typical payday APR statewide (CRL 2023) | 456% |
There is no separate Clayhatchee payday law: Alabama rules apply here, and any lender serving Clayhatchee residents, online or in person, needs a license from the Alabama State Banking Department.
Credit unions near Clayhatchee
No credit union has its main office in Clayhatchee, but these are based elsewhere in Dale County (NCUA, June 2026):
- All In Federal Credit Union in Daleville (federal charter — may offer payday alternative loans (PALs))
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.
Need $100–$1,000 before payday?
- One free request, many lenders
- Bad credit and benefit income considered by many lenders
- See the APR and total cost before you sign
PaydayEase is not a lender. Requests go to lenders in our network; approval, rates and terms are set by the lender. Rates & fees
Payday loan rules that apply in Clayhatchee
In short, Alabama rules that cover Clayhatchee 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 Clayhatchee
At Alabama’s maximum fee, borrowing $300 costs $52.50 (17.5% fee). Statewide, the typical APR on a $400 payday loan was 456% (Center for Responsible Lending, June 2023). Check any offer with our payday loan calculator.
Other help in Dale County before you borrow
Before a payday loan, Clayhatchee residents can usually find something cheaper:
- Local assistance through 211 covering Dale 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 Clayhatchee
The nearest larger city is Enterprise, about 10 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 Clayhatchee?
Yes. Payday loans are legal in Clayhatchee under Alabama state law, and lenders must be licensed by the Alabama State Banking Department.
How much does a payday loan cost in Clayhatchee?
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 Clayhatchee?
No credit union is headquartered in Clayhatchee, but All In Federal Credit Union is based in Daleville, also in Dale County.
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