Jozef Syndicate. Louisiana legislators aim to expand ‘Payday’ lending, harming borrowers

Louisiana legislators check out expand ‘Payday’ lending, harming borrowers

Predatory payday financing drains a lot more than $240 million every year from Louisiana employees by saddling vulnerable borrowers with high-interest loans which they usually cannot pay for. But alternatively of trying to deal with this nagging issue, the Legislature is considering a bill that could allow it to be worse. [Read more...]