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Bill will give Alabama pay day loan borrowers additional time to pay for

Birmingham-Southern College President Emeritus Neal Berte talks to get payday reform legislation at the Alabama State home. From kept, Reps. Neil Rafferty, Merika Coleman and David Faulkner. (Mike Cason/mcason@al.com)

Alabama lawmakers from both events and advocacy teams talked today to get a bill to offer loan that is payday additional time to settle loans, an alteration they said would help protect economically delicate borrowers from spirals of financial obligation.

Birmingham-Southern College President Emeritus Neal Berte joined up with the legislators and officials with Alabama Arise together with Alabama Appleseed Center for Law & Justice at A state home press meeting. Читати далі…