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Wed March 13, 2013

Ala. House Panel Oks Bill Regulating Title Loans

An Alabama House Committee has approved a bill that would regulate the issuing of title loans.
Credit blog.al.com

An Alabama House Committee has approved a bill that would regulate the issuing of title loans, while allowing most of the title loan businesses to continue operating.


The House Financial Services Committee approved the bill known as the Alabama Title Loan Act Wednesday on a voice vote with only one vote against the proposed legislation. The bill now goes to the full House for debate.

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