At Bond & Botes, P.C., we assist many different those that have fallen on economic times that are hard, in many cases, have to seek bankruptcy relief. Of all of the economic issues we encounter, few compare to being caught within the trap of payday lending.
We genuinely believe that the state of Alabama is certainly not doing adequate to guard our residents through the predatory payday loan industry, and we also will work in order to make our voices heard. We have developed a petition to demand which our state legislators simply simply just take tangible action to reform loans that are payday our state.
What exactly is an online payday loan, and exactly how Does it Work?
Payday lenders typically target low-income customers, touting cash that isвЂњquick with small hassle. In mins, a customer could possibly get that loan to carry them up to the next paycheck, but that cash is sold with rates of interest and costs dramatically more than old-fashioned loans. Continue Reading