Louisiana payday lenders

September 11, 2014

Thursday, September 11, 2014

Health costs continue to slow; Where will money come for roads and bridges?; Payday lending debate delayed by Metro Council; and Report on TANF responsiveness to the recession found faulty
July 14, 2014

Report shows need for stronger payday regulations

Louisiana Budget Project Director Jan Moller issued the following statement in response to the Louisiana Legislative Auditor’s report on payday lenders:

“The auditor’s report confirms what the payday industry tried to deny – that these short-term loans are designed to trap workers in long-term cycles of debt.… Read more...

May 23, 2014

Friday, May 23, 2014

Nola.com: Jindal should take a cue from Indiana governor; Model showing benefits of tax cuts ignores important details; CFPB changes rule on low-income mortgages; Online payday lenders backing veto campaign? And House denies bill to put privatization money in escrow. 52 percent — The proportion of Louisianans who believe the state should accept federal dollars to expand health coverage to low income residents. (Source: NY Times/Kaiser Poll)
May 15, 2014

Thursday, May 15, 2014

Payday loan industry wins another round at the Legislature; Sen. Landrieu urges protection of Coastal use fund and better budgeting procedures; Efforts to reign in TOPS spending not seeing much support; and House agrees to close LSU public hospital in Pineville. $51 million – the amount Gov. Bobby Jindal attempted to put into the state’s coastal protection fund and then remove to spend in next year’s budget. The House rejected the proposal. (Source: The Advocate)