John Guidroz

May 4, 2018

The case against predatory lending

Predatory payday lending proliferates in Louisiana. Hundreds of storefronts - mainly in low-income communities - offer short-term loans with triple-digit interest rates to cash-strapped consumers.

Number of the Day

2.2 - the percentage change in Louisiana’s real Gross State Product economic growth in the fourth quarter of 2017. (Source: Bureau of Economic Analysis)