Payday lender regulations audit
POSTED: Monday, July 14, 2014 - 4:58pm
UPDATED: Monday, July 14, 2014 - 5:00pm
Baton Rouge (NBC33) — An audit released by the Louisiana Legislative Auditor reveals that payday lenders involved in shady business practices needed to fined.
However, the state agency in charge of collecting penalty payments did not do anything about the illegal activity of the lenders.
Read a summary of the audit here.
Read the full audit here.