Penny Fisher says she got caught in the payday loan trap.
“I borrowed $300 back in ’95, and ended up paying $4,983.30 back.”
Thelma Fleming had two jobs, and lost one. She went to a payday lender to borrow money to pay her bills.
“And I borrowed $300. That really changed my life because I lost my car. My checking account was closed.”
State Senator Ben Nevers of Bogalusa says enough is enough.