city council

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New payday loan businesses won't be allowed to open in Birmingham until at least next June. The city council on Tuesday extended a ban on the businesses until June 19, 2013. Officials picked that date because it comes after the end of the Legislature's regular session. They want lawmakers to address the number of payday loan businesses in their city and across Alabama during the session. An industry lobbyist criticized the move. Max Woods of Borrow Smart America said the decision hurts customers and small businesses. He also said it doesn't address problems with banks.