Effortless Cash, Impossible Financial Obligation: Just Just How Predatory Lending Traps Alabama’s Bad

Effortless Cash, Impossible Financial Obligation: Just Just How Predatory Lending Traps Alabama’s Bad

In this essay

  • Executive Overview
  • Tricks associated with the Trade
  • Victimized
  • Buyer Beware
  • Safeguards Needed
  • Exactly Exactly What Upcoming?
  • Acknowledgements
  • Letter to Richard Cordray

This report contains tales of people and families across Alabama that have dropped into this trap.

Executive Overview

Alabama has four times as numerous payday loan providers as McDonald’s restaurants. And has now more name loan loan providers, per capita, than some other state.Read more