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Hereaˆ™s precisely why political figures trying to destroy Alabamaaˆ™s cash advance sector include mistaken (opinion) Payday credit is usually depicted as a manipulative business just concerned with preying on naA?ve customers. Hence, it is no surprise that Alabama policymakers were demanding limitations from the business. Without an understanding of economics and financing, however, well-intended regulators …
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Lasting Obligations. Long-lasting loans is financial obligation that matures in more than 12 months. Long-term loans can be looked at from two views: financial statement revealing by issuer and economic investments. In financial statement reporting, organizations must register long-term personal debt issuance and all of its associated repayment requirements on its economic statements. On the …