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 state pension investment spent, also indirectly, in a type of lending unlawful within the state cannot stand.

When Phyllis Salowe-Kaye discovered that the latest Jersey State Investment Council had spent $50 million state pension bucks with a private equity company which used a few of the funds to shop for a predatory payday loan provider, she experienced the roof that is proverbial. The executive that is longtime of brand new Jersey Citizen Action quickly assembled a robust coalition of customer protection and civil legal rights advocates and started using stress on the payment to offer its stake when you look at the company. Xem thêm