What Could Changes To Alabama's Payday Lending Industry Mean For You?

If you're a resident of Alabama who occasionally takes advantage of a payday loan to help get you through a cash crunch, you're not alone -- more than 46,000 payday loans are taken out each week in the Yellowhammer State. While these loans can be invaluable in helping bridge the gap between paychecks or assisting you in maintaining utility service during a period of unemployment, pending legislation could significantly affect the way these loans operate.