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Payday Loans Atlanta Highway Montgomery Al Feb 19, 2015. Short-term loan businesses in Birmingham, Alabama. Photographer: Gary Tramontina/Bloomberg. On one mile of the Atlanta Highway in Montgomery, Ala., more than a dozen stores offer payday loans or cash on a car title, or they let you pawn a ring. Easy Money, Always Money, TitleBucks: They remind.
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Stetson tells Consumerist that more than 20 mid-sized cities in Alabama have passed some kind of ordinance restricting payday loans. In Montgomery. payday lenders would be required to perform credit checks, placing caps on the.
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Danny Garrett, R-Trussville, a payday lending reform. about 10 loans a year. Stephen Stetson of Alabama Arise, a non-profit advocacy group for low-income citizens, attributes that number to the nature of the payday lending beast.
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Picking his first public fight with the banking industry, Washington’s top consumer cop, Richard Cordray, promised on Thursday. whose companies make big profits off payday loans. "We recognize the need for emergency credit,".
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