Policy Brief: Installment Loan Act Would Expand Predatory Lending in Louisiana

Policy Brief: Installment Loan Act Would Expand Predatory Lending in Louisiana The Louisiana Installment Loan Act ( home Bill 501 / Senate Bill 365 ) would expand the cash advance industry in Louisiana by enabling payday loan providers and automobile name lenders to supply longer-term “installment loans.” Installment loans act like high-interest pay day loans, […]