Category Archives: Do Payday Loans Affect Credit

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 within the state cannot stand.

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