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Credit unions regrouping after Louisiana lending defeat that is payday

Credit unions regrouping after Louisiana lending defeat that is payday Inclusiv is gearing up for the next fight to pass through legislation in Louisiana that imposes caps on interest levels for pay day loans. State Rep. Edmond Jordan had introduced a bill that will have capped rates of interest on payday advances at 36%. Sixteen other states and Washington, D.C., have enacted comparable legislation. Final ...

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