- Payday loans in Vincent 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 Pelham, about 20 miles away.
Vincent at a glance
| Vincent | |
|---|---|
| Population (2024 Census estimate) | 2,039 |
| Change since 2020 | +2.7% (growing) |
| Counties | St. Clair County, Shelby County and Talladega County |
| Size rank among 389 Alabama places we cover | 182nd |
| Nearest larger city | Pelham (about 20 miles) |
| Credit unions headquartered in town (NCUA) | None |
| Credit unions headquartered in these counties | 6 |
| Other towns within 25 miles | 29 (about 598,996 residents) |
| Typical payday APR statewide (CRL 2023) | 456% |
Whether you borrow at a storefront in Pelham or online from Vincent, the lender must hold a Alabama license from the Alabama State Banking Department and follow state limits.
Credit unions near Vincent
No credit union has its main office in Vincent, but these are based elsewhere in St. Clair County (NCUA, June 2026):
- Legacy Community Federal Credit Union in Birmingham (federal charter — may offer payday alternative loans (PALs))
- Mutual Savings Credit Union in Birmingham (state charter)
- Avadian Credit Union in Birmingham (state charter)
- Sycamore Federal Credit Union in Sycamore (federal charter — may offer payday alternative loans (PALs))
- Coosa Pines Federal Credit Union in Childersburg (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 Vincent
Key Alabama limits that apply to Vincent 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 Vincent
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 St. Clair 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 Vincent 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 Vincent
- Harpersville · 5 mi
- Childersburg · 7 mi
- Westover · 8 mi
- Wilsonville · 11 mi
- Chelsea · 14 mi
- Oak Grove · 14 mi
The nearest larger city is Pelham, about 20 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 Vincent?
Yes. Payday loans are legal in Vincent under Alabama state law, and lenders must be licensed by the Alabama State Banking Department.
How much does a payday loan cost in Vincent?
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 Vincent?
No credit union is headquartered in Vincent, but Legacy Community Federal Credit Union is based in Birmingham, also in St. Clair 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