Arise legislative update: Payday loan reform bill dead after Alabama Senate inaction

The Alabama Senate met for nearly 12 hours Tuesday, but it did not find the time to consider a payday lending reform bill. With so little time left in the session, the Senate's inaction effectively killed predatory lending reform efforts for the year. This legislative update highlights what happened this year to bills to rein in payday and auto title loans and examines the proposals' future prospects.

Read ACPP policy analyst Stephen Stetson's legislative update here.

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