Deferred Presentment and Small Loan Act


Act 200 amends the Deferred Presentment and Small Loan Act. The section being amended is titled "Extended payment plan; terms; conditions (LSA-R.S. 9:3578.4.1)." The Act clarifies that a request for an extended payment plan be made in writing and requires the lenders to include the lender name, E-Mail address, phone number, and facsimile in the required disclosure. Click here for a copy of Act 200. Click here for a copy of the Act.