Payday lender regulations audit

Payday lender regulations audit
Louisiana Politics

POSTED: Monday, July 14, 2014 - 3:58pm

UPDATED: Monday, July 14, 2014 - 4:00pm

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.

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