Legal Question in Credit and Debt Law in Louisiana
what can you do if your interest rate is above what is legally acceptable in the state?
Asked on 9/27/10, 2:51 pm
1 Answer from Attorneys
Martha Amanda Mandi Lucas
Mandie Seale Lucas
There is a law against usury in Louisiana. You should bring your information to an attorney and allow them to review it for you. If you aren't able to afford a consultation fee and you qualify otherwise, the legal services in your area will take this kind of case. The attorney generals office also has a consumer protection unit and they may be able to help.
Answered on 10/02/10, 3:12 pm