Payday Lending Barriers Louisianans when you look at the Triple-Digit Desire Loans Polling study exhibiting overwhelming social assistance for a great thirty-six% rates cap into payday loan. Payday lending: significant economic harms Cash advance in Louisiana bring annual payment pricing (APR) interesting averaging eight hundred%. These highest-cost fund is actually marketed as the short methods to an economic emergency. Research shows, although not, one to payday loan usually trigger a cycle off debt you to is almost impossible to refrain. The typical payday customers in Louisiana results in 9 money a-year, hence......

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