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Getting Nj-new Jersey to Divest from Payday Lending

Getting Nj-new Jersey to Divest from Payday Lending

Many individuals who need help smoothing away cash that is erratic move to payday advances. Regrettably, as a result of the high expenses, a lot of those exact exact same people are taking right out pay day loans to pay for straight straight back existing payday loans, developing a recurring financial obligation cycle that lawmakers and civil legal rights teams argue should always be unlawful.

Beverly Brown-Ruggia, a community organizer with NJCA, helped kick-start the process of formally requesting that the commission start divestment procedures with JLL.