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30 Days to Pay bill would extend time to repay payday...

Another legislative session, and another attempt to reform payday lending has made it's way to the Legislature's to-do list. Decatur-Republican State Sen. Arthur Orr is leading the...

Alabamians took out a staggering 2 million payday loans last year

Last year, Alabamians took out more than two million payday loans, according to the state’s Banking Department. At the inaugural meeting of the Alabama Consumer Protection...

Daniel Sutter: Let’s answer this question before debating payday lending

The Consumer Financial Protection Bureau (CFPB) has proposed new regulations for payday lenders limiting lending to persons unable to repay a loan when due....

Bill to regulate payday lenders inches closer to final passage

As the clock winds down on the Alabama Legislature's 2016 Regular Session, a bill to regulate payday lenders which started with a great deal of momentum...

Stephen Stetson: A good first step toward payday lending reform in...

We’re calling for payday lending reform in Alabama, and we’re not alone. For years, reform of high-cost lending has been the goal of the Alliance...
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