Consumer Financial

February 5, 2018

A new stall tactic

State legislators have had nearly two years to prepare for the $1 billion-plus “fiscal cliff” that Louisiana faces on July 1, when a host of temporary taxes expire.

Number of the Day

$145.7 million - Amount of money Louisiana consumers pay annually in fees on short-term “payday” loans with interest rates of at least 300 percent APR.  (Source: Center for Responsible Lending)