- Payday loans in Daphne 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 Mobile, about 14 miles away.
Daphne at a glance
| Daphne | |
|---|---|
| Population (2024 Census estimate) | 30,751 |
| Change since 2020 | +11% (growing fast) |
| County | Baldwin County |
| Size rank among 389 Alabama places we cover | 20th |
| Share of Alabama’s population | 0.6% |
| Nearest larger city | Mobile (about 14 miles) |
| Credit unions headquartered in town (NCUA) | None |
| Credit unions headquartered in Baldwin County | 1 |
| Other towns within 25 miles | 16 (about 344,831 residents) |
| Typical payday APR statewide (CRL 2023) | 456% |
There is no separate Daphne payday law: Alabama rules apply here, and any lender serving Daphne residents, online or in person, needs a license from the Alabama State Banking Department.
Credit unions near Daphne
No credit union has its main office in Daphne, but these are based elsewhere in Baldwin County (NCUA, June 2026):
- Baldwin County Federal Credit Union in Bay Minette (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.
Payday loan rules that apply in Daphne
In short, Alabama rules that cover Daphne 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 Daphne
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 Baldwin County before you borrow
Before a payday loan, Daphne residents can usually find something cheaper:
- Local assistance through 211 covering Baldwin 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 Daphne
The nearest larger city is Mobile, about 14 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 Daphne?
Yes. Payday loans are legal in Daphne under Alabama state law, and lenders must be licensed by the Alabama State Banking Department.
How much does a payday loan cost in Daphne?
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 Daphne?
No credit union is headquartered in Daphne, but Baldwin County Federal Credit Union is based in Bay Minette, also in Baldwin 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