On Thursday, President Obama is traveling to Alabama, where he could be anticipated to discuss pay day loans, among other financial issues. Considering that the early 1990s, the vibrant colored storefronts of payday loan providers, with slight names like CASHMONEY and CA$HMONSTER, have actually sprung up in (mostly) low-income communities throughout the united states of america. Alabama has one of several greatest variety of payday loan provider shops in the united states, and policymakers within the state are attempting to break straight down on such “predatory” financing http://badcreditloanzone.com techniques. Read More …