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Taking Nj so you’re able to Divest regarding Pay day Lending Nj-new jersey Citizen Action claims that have a state your retirement fund invested, even ultimately, into the a kind of lending illegal on county try not to stay. Whenever Phyllis Salowe-Kaye found that the newest Jersey Condition Funding Council Jasper payday loan and cash advance had spent $fifty million county pension bucks having a personal guarantee corporation one utilized a few of the money to find a predatory pay-day lender, she experience the fresh new proverbial rooftop. The longtime exec movie director of the latest Jersey Citizen Step rapidly...
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