Can Alabama Crack Down on Predatory Lending?

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Can Alabama Crack Down on Predatory Lending? On Thursday, President Obama is visiting Alabama, where he could be anticipated to discuss payday advances, among other economic dilemmas. Considering that the early 1990s, the vibrant colored storefronts of payday lenders, with discreet names like CASHMONEY and CA$HMONSTER, have sprung up in (mostly) low-income communities throughout the […]