A report from Alabama Appleseed and Alabama Arise
REPORT HIGHLIGHTS
Payday lenders are responsible for bringing financial hardship to hundreds of thousands of Alabamians and their families every year, swooping in to extract profits from the struggles of hard-working people. Unless the state legislature decides to act, the scourge of predatory payday loans will continue to decimate family budgets and local economies.
33,032: Average number of payday loans taken out per week in Alabama in 2018.
201,418: Number of Alabamians who borrowed money from a payday lender in 2018.
$101.6 million: Amount paid by Alabamians in payday loan fees in 2018. These payments did not decrease the principal amount owed.
7: Average number of loans taken out by a payday borrower in Alabama in 2018.
74: Percentage of Alabamians who favor a 36 percent APR rate cap and a 30 day minimum repayment schedule.
Latest News
- Come Work With Us! Appleseed is Hiring a Program Assistant July 3, 2026
- National Advocacy Group FAMM Offering Content on Alabama Prison Tablets June 18, 2026
- 1000 Years Overcome! Celebrating a Milestone in Appleseed’s Legal and Reentry Work June 12, 2026
- Fallout from the State’s Unfortunate Contract with Prison Healthcare Provider YesCare Continues as Workers Go Unpaid and State Dollars Go Missing May 20, 2026
- April 2026: News and Updates May 5, 2026
Contact Us
Alabama Appleseed Center for Law & Justice
400 South Union Street, Suite 355
Montgomery, Alabama 36104
2 Office Park Circle, Suite 10
Birmingham, AL 35223
Phone: (205) 963-7999
admin@alabamaappleseed.org




