Payday lenders have fended off efforts by lawmakers to toughen restrictions on short-term loans in Louisiana. But the debate in Baton Rouge has rekindled a conversation among traditional lenders about offering small loans and other products tailored for low-income borrowers with limited access to bank branches and bank accounts.
Stories Related to Can Banks Provide An Alternative To Payday Loans? Local Lenders Aim To Attract 'underbanked'
Jennifer Larino, NOLA.com | The Times-Picayune, New Orleans Times-Picayune
Wed, 05/07/2014 - 6:53am
Sections: u.s.
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