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 Across The Birmingham Metro Region

Alabama has more payday lenders per capita than all but four other states in the country, based on a study that is new Auburn University.

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

The analysis provides some gas for that argument: it discovered a relationship that is significantly positive the amount of payday financing shops to your wide range of banking institutions and bank branches while the portion regarding the population that is African-American.