Quick Details About Payday Lending. PAYDAY LENDING RESULTS IN LONG-TERM DEBT TRAP

Quick Details About Payday Lending. PAYDAY LENDING RESULTS IN LONG-TERM DEBT TRAP Listed here are some fast factual statements about the payday financing industry in Louisiana, published by LBP analyst David Gray. In accordance with industry representatives, payday financing was created to trap borrowers in long-lasting rounds of financial obligation: “The concept in the industry is that you’ve got getting …