Alabama Deferred Presentment Services Ac http://apr.org en Governor Bentley Announces New Measure To Protect Borrowers From Excessive Debt http://apr.org/post/governor-bentley-announces-new-measure-protect-borrowers-excessive-debt <p></p><p>Governor Robert Bentley announced a new consumer protection measure today aimed at helping people avoid excessive amounts of debt from payday loans.</p><p>The measure will also help lenders by providing a method to ensure they are complying with state law. Under the Alabama Deferred Presentment Services Act, payday lenders are not to issue loans to customers who currently have more than 500 dollars in existing payday loan debt.</p> Wed, 18 Sep 2013 21:24:41 +0000 Ryan Vasquez 38132 at http://apr.org Governor Bentley Announces New Measure To Protect Borrowers From Excessive Debt