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Posted by on Nov 21, 2020 in | 0 comments

BATON ROUGE – Louisiana’s workplace of banking institutions is meant to modify lenders that are payday

Across the continuing state but a review unearthed that payday loans in Oregon the agency does not protect borrowers from getting struck with extortionate charges or even to stop the industry from participating in incorrect financing techniques.

Legislative Auditor Daryl Purpera’s report points out that from Jan. 1, 2010, to June 30, 2013, the agency that is regulating more than 8,300 citations to lenders but failed to impose any charges for violations of state laws and regulations. Rather, it issues sales that lenders don’t

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