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Group rallies to limit payday loans in Alabama

February 4, 2014 • Business


Rep. Patricia Todd, D-Birmingham, awaits her turn to speak during a rally concerning predatory lending legislation Tuesday, Feb. 4, 2014, in Montgomery, Ala. Todd and Rep. Rod Scott, D-Fairfield, are again trying to cap the interest rates on payday and title loans, but they admit it will be hard to enact in an election year. (AP PHOTO/AL.com, Julie Bennett)

MONTGOMERY, Ala. (AP) — Two Birmingham-area legislators are again trying to cap the interest rates on payday and title loans, but they say it will be hard to enact in an election year.

Democratic Reps. Rod Scott of Fairfield and Patricia Todd of Birmingham outlined Login to read more

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