Brand brand New SPLC report shows just just exactly how payday and title loan lenders prey regarding the susceptible

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Alabama’s high poverty price and lax regulatory environment allow it to be a “paradise” for predatory lenders that intentionally trap the state’s poor in a period of high-interest, unaffordable financial obligation, relating to a brand new SPLC report which includes tips for reforming the loan industry that is small-dollar. Latara Bethune required assistance with costs after a pregnancy that is …