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Bankers attempt life without a bank account
The EMERGE conference of consumer finance executives goes out into the New Orleans community to experience life without a bank account.
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All Day Payday Loans Inc is located at 1202 Veterans Memorial Dr in Abbeville and has been in the business of Personal Credit Institutions since 2004.
Louisiana organizations that represent the elderly, the poor and others on fixed incomes want stiffer regulation of payday lending businesses that offer short-term loans with high interest rates.
Frankie Prijatel, NOLA.com Between now and Mardi Gras, over 40 parades will roll throughout New Orleans. And that’s not including parades in the greater New Orleans area.
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Christine Graham and Juan Garcia from the Office of Consumer Credit Commissioner of Texas, spoke about payday lending today. The poor often have trouble making ends meet between one paycheck and the next. Many turn to payday loans. Payday loan rates are so high, many take a year to pay them back. More time means more interest.
Payday Lending Child Support The Cost of Being Poor. On Tuesday, June 2, the Greater New Orleans Foundation hosted NOLA 360: The Cost of Being Poor at Cafe Istanbul. Gary Rivlin, author of Broke USA, argued it is getting more and more expensive to be poor with payday lenders, subprime credit cards, rent to own, and even ...
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