LA HB952

Restructures maximum annual finance charges for consumer loans: 36% for amounts up to $10,000 (previously $1,400), 30% for $10,000-$20,000 (previously 27% for $1,400-$4,000), and 24% for amounts over $20,000 (previously tiered up to $7,000)

Increases maximum origination fee from $50 to $75 on consumer loans and revolving loan accounts

Requires licensed lenders to suspend late charges, delinquency fees, repossession actions, and collection lawsuits for 60 days following a FEMA major disaster declaration in affected parishes

Mandates licensed lenders offer free, voluntary credit education programs covering topics such as budgeting, credit scores, savings, and identity theft prevention

Raises lender licensing fees: initial application fee from $650 to $900, and annual renewal fee from $500 to $750