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Payday financing is crushing Alabama communities. Our new report provides solutions

Category:Colorado Payday Loan Online

Payday financing is crushing Alabama communities. Our new report provides solutions

Alabama 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.

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