The State of Payday Lending in Alabama in 2016

Months back I blogged about payday loans and whether filing for bankruptcy relief can help a person break out of the debt cycle payday lending creates. Bankruptcy can absolutely provide an avenue to escape the debt trap of payday lending. But as a community are we willing to allow bankruptcy to be the only option in the face of such predatory lending? Payday loans are reprehens ...Read the full article