December 31

Let me make it clear about Getting nj-new jersey to Divest from Payday Lending

Let me make it clear about Getting nj-new jersey to Divest from Payday Lending

NJ Citizen Action states having a continuing state pension fund spent, also indirectly, in a type of lending unlawful when you look at the state cannot stand.

Whenever Phyllis Salowe-Kaye discovered that the latest Jersey State Investment Council had spent $50 million state retirement bucks with an exclusive equity company which used a few of the funds to shop for a predatory payday loan provider, she had the proverbial roof. Continue reading

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