CashAdvance.com Assists Louisiana Residents in Learning About Payday Lending Within Their State
Los Angeles, CA -- (ReleaseWire) -- 10/14/2011 --CashAdvance.com presents its Louisiana Consumer Resource Center to help residents learn about payday lending. Laws regarding cash advance requirements and its process vary from state to state and make it difficult for consumers to find what is relevant to them. Now, consumers can visit the Louisiana Consumer Resource to learn exactly what they need to make a good decision about getting a cash advance. CashAdvance.com’s financial experts have put together current information about Louisiana laws and regulations for payday lending and keep it updated so consumers have a reliable source for information.
“CashAdvance.com strives continually to ensure consumer protection by providing the knowledge necessary for consumers to make informed financial decisions,” says CashAdvance.com spokesperson Hanna Wellman. “The Consumer Resource pages are a wealth of information arming consumers with the resources with which they can actively preserve their rights, while providing recourse to regulatory agencies capable of remedying fraudulent lending practices.”
Within the Louisiana Consumer Resource consumers can visit the Louisiana Laws & Regulations page. It is here that consumers are given access to the latest details and fundamental points of a payday loan. Included in this section is information regarding maximum loan amounts, term limits, and maximum cash advance interest rates and financial fees. Consumers can further their research by finding information on the number of simultaneous outstanding loans, payment plans, and the length of a cool-off period between loans, in addition to a listing of potential loan alternatives.
CashAdvance.com continues to update information found in the Louisiana Consumer Resource Center so consumers can find current details and make an informed decision about getting a Louisiana cash advance. The Laws & Regulations page should be frequently checked by consumers to find regular updates on state laws and regulations that pertain to the cash advance process and requirements. Also, it is recommended that consumers check the summary of requirements a loan must follow in order to be legal in Louisiana.
According to leading CashAdvance.com financial news expert Adam Hilliard, "Our Louisiana Consumer Resource will dispel any misconceptions or uncertainty surrounding the cash advance process in Louisiana, equip you with practical advice for averting financial crisis, answer your myriad loan questions, and ultimately guide you on the road to taking control of your financial future."