With Louisiana residents paying more than $196 million in fees and interest to payday lenders in 2011, and such loans factoring into 20% of bankruptcy filings in Baton Rouge, leaders of Together Baton Rouge are beginning to educate and organize parishioners and residents about the dangers of payday lending and action they can take to protect themselves. Their most recent gathering, at Elm Grove Baptist Church, was standing-room only, as participants heard a presentation on the issue and shared their experiences with each other.
Residents: Time to Act on Loans, The Advocate
Residents Launch Attack on Payday Lending, The Times Picayune
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