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MONTGOMERY — Payday lending customers would have longer to repay their loan under a bill approved Thursday by the Alabama Senate, which marks the latest attempt to cap the interest rates charged with the short term loans. The bill by Republican Sen. Arthur Orr of Decatur would give borrowers 30
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Real-Time News from AL; Battle over payday loan rates expected in Alabama State House. Comment. would set a six-month minimum term for payday loans,
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