Payday financing is crushing Alabama communities. Our new report provides solutions
Category:Colorado Payday Loan OnlineAlabama has more payday and name loan providers than hospitals, high schools, cinemas and county courthouses combined. The industry churns a revenue away from hopeless, financially delicate borrowers. And unfortunately, Alabama’s poor consumer protections give them lots.
We explore these issues in depth and supply policy solutions in “Broke: just How Payday Lenders Crush Alabama Communities,” a comprehensive report that is new co-released Thursday with Alabama Appleseed Center for Law and Justice.