Payday & Title Lending Reform.Payday financing reform: closing a financial obligation trap in Alabama

Payday & Title Lending Reform.Payday <a href="https://badcreditloanzone.com/payday-loans-mo/">online payday MO</a> financing reform: closing a financial obligation trap in Alabama

A year, in addition to numerous other provisions regulating the issuance of such loans under HB 526, interest rates on title loans in Alabama would be capped at 120 percent. In a uncommon twist, name loan providers and consumer advocates (including Arise) both testified in opposition towards the bill.

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