Nebraska Voters to Start Thinking About Limiting Payday Lending
Nebraska Voters to Start Thinking About Limiting Payday Lending After a few stalled legislative tries to control payday lending techniques, a ballot initiative enables voters to determine on their own if payday loan providers must be forced to cap yearly portion prices in Nebraska. Ballot Initpromoted by Nebraskans for Responsible Lending, would restrict the quantity that payday lenders can charge to a maximum apr of 36%. Payday financing is just an industry that is controversial employed by low-income individuals who…