Kategoria cash store loans payday loan online

46,000 loans which can be payday sent applications for in Alabama every database programs week

46,000 loans which can be payday sent applications for in Alabama every database programs week

Gallery: Payday Lenders Multiply Throughout The Birmingham Metro Area

A brandname brand new state database that tracks payday financing shows that folks took straight straight down 462,209 pay time loans — totaling $146 million– from cash loan stores in Alabama in previous times 10 months.

The Alabama Banking Department began monitoring the loans in August after winning a court battle in the development concerning the database to enforce a legislation that is current restrictions site visitors to presenting at the most $500 in payday advances in past times.

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