Nebraskans vote to limit ‘exploitative’ pay day loans

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Nebraskans vote to limit ‘exploitative’ pay day loans CNA Staff.- Voters in Nebraska sided with efforts to restrict payday advances, moving an effort Tuesday that the Nebraska Catholic Conference had endorsed as a way to safeguard poor people from becoming caught with debt. The Lincoln Journal-Star reports over 80% of Nebraskan voters backed Initiative 248,…

Ballot problem concerns if “payday lenders” harm or gain communities that are low-income

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Ballot problem concerns if “payday lenders” harm or gain communities that are low-income Are payday loan providers providing something to low-income clients or making money when individuals end up in a monetary bind? Once you vote this year, one of several ballot concerns seeks to limit the charges charged on delayed deposit deals. You have…