payday loan

April 30, 2014

Tuesday, April 29, 2014

Senate considers compromise payday loan bill
The full Senate is scheduled to vote this afternoon on a compromise bill to stop payday lenders from trapping thousands of Louisiana residents in long-term cycles of debt. The original version of Senate Bill 84 would have capped payday loan annual interest rates at 36 percent (three times Louisiana’s usury law).… Read more...