Payday loan providers have actually fended down efforts by lawmakers to toughen limitations on short term installment loans in Louisiana. Alden McDonald Jr., president and CEO of Liberty Bank, appears outside one of its branches that are open 3002 Gentilly Blvd in August 2006. Liberty Bank is among a few brand New Orleans loan providers supplying a tiny buck loan as an option to pay day loans. Payday loan providers have actually fended down efforts by lawmakers to toughen limitations…