Home passes lending database bill that is payday. State legislation doesnвЂ™t enable one to have significantly more than $500 in payday advances at the same time.
Rep. Patricia Todd speaks in the State home on Thursday concerning the home passage of a bill developing a lending database that is payday. (Photo: AMANDA SOWARDS/ADVERTISER) The Alabama House of Representatives passed a bill that would help enforce a $500 loan maximum after two years of tireless attempts to regulate the payday loan industry. [...]