Attorney Gets 8 Years in Jail for part in Payday Lending Scheme

Attorney Gets 8 Years in Jail for part in Payday Lending Scheme

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Gallery: Payday Lenders Multiply Round The Birmingham Metro Region

Alabama has more payday lenders per capita than all but four other states in the united kingdom, in accordance with a study that is new Auburn University.

Some view these services as predatory to low-income or greatly African-American areas, plus some towns in Alabama are regulating them.

The research provides some gas for that argument: it discovered a relationship that is significantly positive how many payday financing shops to your amount of banking institutions and bank branches in addition to percentage associated with the populace this is certainly African-American.

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