Louisiana predatory lending

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 9, 2014

Friday, May 9, 2014

Louisiana’s fight against predatory lenders gets national attention; Robert Mann, Karen Carter Peterson weigh in on budget problems; State loses appeal of nearly $240 million in Medicaid refunds; and Hard work is just not enough. $20 million — the amount spent by the payday lending industry on state-level campaign contributions over the last decade. (Source: Nonprofit Quarterly)