It might be Valentines Day, but Alabama lawmakers didnвЂ™t provide love that is much week as a few bills had trouble advancing. We now have a synopsis for this weekвЂ™s action within the legislature from Don Dailey, host of Alabama Public TelevisionвЂ™s Capitol Journal.
A Senate Committee voted down a bill that could are making it easier for borrowers to settle loans that are payday. It could have given borrowers thirty day period to settle. In a few full instances they can have less than 10 times.
Payday lending has become a perennial problem in the last few years, but Dailey notes the opposition into the bill ended up being bipartisan.
вЂњThere simply does not be seemingly agreement with this problem nevertheless,вЂќ Dailey says. Continue reading