Home passes payday financing database bill. State legislation doesnвЂ™t enable you to have significantly more than $500 in payday advances at any given time.
Rep. Patricia Todd speaks in the State home on Thursday in regards to the home passage of a bill developing a payday lending database. (Picture: AMANDA SOWARDS/ADVERTISER)
The Alabama House of Representatives passed a bill that would help enforce a $500 loan maximum after two years of tireless attempts to regulate the payday loan industry. Continue Reading