Summit to address high-cost credit in Alabama

As the economy stretches family budgets ever tighter, Alabama's nearly 1,200 payday lending stores stand ready to help -- with annualized interest rates up to 456 percent! These predatory charges are legal in our state, and concerned Alabamians are meeting in Montgomery to consider strategies for changing the law. Alabama Appleseed Center for Law & Justice and Arise Citizens' Policy Project will host a High-Cost Credit Summit, Thurs., Sept. 24, from 9 a.m. to 4 p.m., at the Alabama Department of Archives and History, 624 Washington St., Montgomery.

Read full news release.

Montgomery AL Non-Profit Website Design by BWS Internet Marketing Services