Payday financing reform: closing a financial obligation trap in Alabama
Payday financing reform: closing a financial obligation trap in Alabama On busy highways and run-down roads throughout the state, you can’t miss them: big, bright indications guaranteeing simple cash. From pay day loans to automobile name pawns to expectation loans on taxation refunds, Alabamians face a dizzying variety of credit solutions made to trap customers in monetary quicksand. This particular fact sheet highlights the pitfalls of pay day loans in Alabama and provides policy answers to deal with them. (more…)
