Irondale moratorium on payday loan businesses set to expire - ABC 33/40 - Birmingham News, Weather, Sports

Irondale moratorium on payday loan businesses set to expire

Posted: Updated:

 

A moratorium on payday loan businesses is set to expire later this month in Irondale. 

The city already has two payday loan businesses within the city and city councilors say that's plenty.

The council is expected to extend the moratorium before it expires but the measure has yet to be placed on the city council's agenda. 

Payday loan establishments are often characterized as 'predatory' because consumers face high fees and interest rates which make it difficult to pay off the loan. 

 

  • Anniston - Gadsden Area NewsMore>>

  • Gadsden reelects Mayor Guyton, approves Sunday alcohol sales

    Gadsden reelects Mayor Guyton, approves Sunday alcohol sales

    Gadsden reelects Mayor Guyton, approves Sunday alcohol sales

    Wednesday, August 27 2014 8:55 AM EDT2014-08-27 12:55:56 GMT
    Gadsden's Mayor Sherman Guyton wins reelection with 56% of the votes. The city also voted in favor of Sunday alcohol sales with over a 2-1 ratio; 68% to 32%.More >>
    Gadsden's Mayor Sherman Guyton wins reelection with 56% of the votes. The city also voted in favor of Sunday alcohol sales with over a 2-1 ratio; 68% to 32%.More >>
  • Anniston police and fire departments downsized by proposed budget cuts

    Anniston police and fire departments downsized by proposed budget cuts

    Tuesday, August 26 2014 8:01 PM EDT2014-08-27 00:01:02 GMT
    The Anniston city manager's proposed budget for 2015 cuts more than $1.5-million in spending compared to this year. The police and fire chiefs are concerned about the cuts to public safety.More >>
    The Anniston city manager's proposed budget for 2015 cuts more than $1.5-million in spending compared to this year. The police and fire chiefs are concerned about the cuts to public safety.
    More >>
  • Third anniversary of murder of Anniston police officer

    Third anniversary of murder of Anniston police officer

    Monday, August 25 2014 8:44 PM EDT2014-08-26 00:44:45 GMT
    The family of Justin Sollohub took him off of life support three years ago Monday. "He lived from the 24th to the 25th for the organ donation," Jeniffer Morris said about her son. "Organ donation needs to be important to everybody. We never know, when there's somebody in our [family], when it hits home, that somebody needs an organ. It is important to us but it needs to be important to everybody."More >>
    The family of Justin Sollohub took him off of life support three years ago Monday. "He lived from the 24th to the 25th for the organ donation," Jeniffer Morris said about her son. "Organ donation needs to be important to everybody. We never know, when there's somebody in our [family], when it hits home, that somebody needs an organ. It is important to us but it needs to be important to everybody."More >>
Most Popular
Stories
Videos
loading...