Attorney Gets 8 Years in Jail for part in Payday Lending Scheme

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Gallery: Payday Lenders Multiply All Over Birmingham Metro Region

Alabama has more payday lenders per capita than all but four other states in the nation, based on a brand new research from Auburn University.

Some view these services as predatory to low-income or neighborhoods that are heavily african-American plus some towns in Alabama are managing them.

The analysis provides some gas for that argument: it found a relationship that is significantly positive how many payday financing stores into the wide range of banking institutions and bank branches and also the portion associated with populace this is certainly African-American.