Pay day loan Bill Dies, but Problem Not Dead

[Source: Aliman Senai via Wikimedia Commons/ CC BY-SA a year ago, 189,231 Alabamians took away 1.6 million payday advances worth about $563.6 million from loan providers into the state. They paid about $98.4 million in charges, based on a database held by the Alabama Department of Banking. “It’s definitely massive,” Dev Wakeley, an insurance plan analyst when it comes to advocacy that is progressive Alabama Arise, stated recently in regards to the charges compensated by…