Let me make it clear about Alabama’s Payday Loan Law

Let me make it clear about Alabama's Payday Loan Law Laws Against Cash Advance Collection Alabama legislation defines loans that are payday deferred presentment transactions. The lending company accepts a check that is personal the debtor, and as a result provides the debtor cash ahead of time. State legislation regulates the terms under which pay day loans could be negotiated.The Alabama State Banking Office oversees cash advance businesses, which must…