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An Overview ofВ Louisiana Installment Loans. There are no strict laws governing lenders in the state of Louisiana. Therefore, the state is a great place for lenders since the rates and charges are not closely monitored.
Although much stigma has been attached to payday loans, they can relay help you during emergency situations. В In any case, it is still important to get acquainted with Louisiana cash advance laws. Some knowledge of the overall cost will help you determine whether to take a loan or not.
44 which including the 3 fee paid from the loan amount, would have a total cost of 329. Representative 29. 82 APR. If you borrowed 5,000 over a 48 month period and the loan had an 8 arrangement fee (400), your monthly repayments would be 131. 67, with a total payback amount of 6,320. 12 which including the 8 fee paid from the loan amount, would have a total cost of 1,720.
Representative 18. 23 APR.