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Payday loan providers have actually fended down efforts by lawmakers to toughen limitations on short term installment loans in Louisiana.

Payday loan providers have actually fended down efforts by lawmakers to toughen limitations on short term installment loans in Louisiana.

Alden McDonald Jr., president and CEO of Liberty Bank, appears outside certainly one of its branches that are open 3002 Gentilly Blvd in August 2006. Liberty Bank is among several New Orleans loan providers providing a dollar that is small as an option to payday advances.

Payday loan providers have actually fended down efforts by lawmakers to toughen limitations on short term installment loans in Louisiana. Continue reading “Payday loan providers have actually fended down efforts by lawmakers to toughen limitations on short term installment loans in Louisiana.”