Advocacy team seeks restrictions on pay day loans

Advocacy team seeks restrictions on pay day loans
BATON ROUGE – Payday loans, fast cash agreed to help individuals away from economic jams, often have them in even worse jams simply because they end up trying to repay a lot more than they borrowed, states an insurance plan analyst for the Louisiana Budget Project. A debtor whom takes out a $100 loan an average of is spending $270 for that privilege, David Gray told the ...

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