Louisiana Payday Loans

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...

June 12, 2014

Thursday, June 12, 2014

Louisiana’s economic growth below average; Payday loan debate moves to federal arena; Louisiana Community and Technical College Board approves tuition increase; New data collection on TOPS recipients; and New healthcare subsidies proposed.  $47,997 — Louisiana per-capita gross domestic product. (Source: Federal Bureau of Economic Analysis via Shreveport Times )
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)
April 30, 2014

Wednesday, April 30, 2014

“Citizens lose, lobbyists win” on payday loans; The Lens concludes “Fiscal Hawks” have lost the battle over one-time money; Louisiana hospitals are below-average for patient safety; and Company that built healthcare.gov website gets state incentives. 31 – Number of states, not including Louisiana, that require hospitals to publicly report hospital-acquired infections. (Source: Nola.com)