Legislature has to rein in payday loan expenses: Editorial

Whenever lawmakers convene Monday when it comes to 2014 session, they’ll certainly be legislation that is considering set a brand new limit for interest levels for pay day loans.

(NOLA | The Times-Picayune archives)

Louisiana residents that are strapped for cash can find yourself having to pay extraordinarily high interest and costs on short-term loans to obtain them from paycheck to paycheck.