Payday and installment Loan State Law Matrix As of July 1 ...

Payday: Deferred Presentment Services; Ala. Code §5-18A-1 et seq. State Banking Department 17.5% of amount of advance 1 Next business day after rollover is paid in full $500 (industry-wide) 10 days 31 days After rollover, if customer unable to pay, may: offer extended repayment ................
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