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Pay day loan bill dies, but problem maybe perhaps not dead

Pay day loan bill dies, but problem maybe perhaps not dead MONTGOMERY, Ala. (WAFF) – a year ago, 189,231 Alabamians took away 1.6 million pay day loans worth about $563.6 million from lenders within the state. They paid about $98.4 million in costs, relating to a database kept by the Alabama Department of Banking. “It’s …

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