my payday loan

Nebraskans vote to limit ‘exploitative’ payday advances

CNA Staff.- Voters in Nebraska sided with efforts to restrict loans that are payday moving an effort Tuesday that the Nebraska Catholic Conference had endorsed as a method to safeguard the indegent from becoming caught with debt.

The Lincoln Journal-Star reports over 80% of Nebraskan voters backed Initiative 248, which caps payday loans at a 36% annual percentage rate. Read the rest of this entry »

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