APR
May 2, 2018
The House version of next year’s budget funds the TOPS scholarship program at only 80 percent of current year funding.
Number of the Day
167 - Average annual percentage interest rate (APR) for a new predatory payday loan product that would be authorized by legislation passed by the Louisiana Senate on Tuesday evening. Current law caps interest rates at 36 percent APR. (Source: Center for Responsible Lending)October 6, 2017
The federal consumer watchdog agency finalized long-awaited rules Thursday aimed at reining in predatory payday lenders that provide short-term, high-interest loans to the financially vulnerable.