- Payday loans in Oxford 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 Gadsden, about 30 miles away.
Oxford at a glance
| Oxford | |
|---|---|
| Population (2024 Census estimate) | 22,088 |
| Change since 2020 | 0% (holding steady) |
| Counties | Calhoun County and Talladega County |
| Size rank among 389 Alabama places we cover | 30th |
| Nearest larger city | Gadsden (about 30 miles) |
| Credit unions headquartered in town (NCUA) | None |
| Credit unions headquartered in these counties | 7 |
| Other towns within 25 miles | 17 (about 106,255 residents) |
| Typical payday APR statewide (CRL 2023) | 456% |
Whether you borrow at a storefront in Gadsden or online from Oxford, the lender must hold a Alabama license from the Alabama State Banking Department and follow state limits.
Credit unions near Oxford
No credit union has its main office in Oxford, but these are based elsewhere in Calhoun County (NCUA, June 2026):
- Aod Federal Credit Union in Bynum (federal charter — may offer payday alternative loans (PALs))
- Northeast Alabama Postal Federal Credit Union in Anniston (federal charter — may offer payday alternative loans (PALs))
- Chem Family Credit Union in Anniston (state charter)
- Fort Mcclellan Credit Union in Anniston (state charter)
- Sycamore Federal Credit Union in Sycamore (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 Oxford
Key Alabama limits that apply to Oxford borrowers: 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 Oxford
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 Calhoun County before you borrow
- Credit union payday alternative loans (PALs): $200–$2,000 at no more than 28% APR. Search for a federal credit union in Oxford that offers them. See how PALs work.
- Your bank’s small-dollar loan, if it offers one. See bank small-dollar loans.
- Cash advance apps for $20–$500 based on your direct deposits. See apps compared.
- 211: call or text 211 for local help with rent, utilities and food.
Towns near Oxford
The nearest larger city is Gadsden, about 30 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 Oxford?
Yes. Payday loans are legal in Oxford under Alabama state law, and lenders must be licensed by the Alabama State Banking Department.
How much does a payday loan cost in Oxford?
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 Oxford?
No credit union is headquartered in Oxford, but Aod Federal Credit Union is based in Bynum, also in Calhoun 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