Getting Nj-new Jersey to Divest from Payday Lending
NJ Citizen Action states having state pension fund invested, also indirectly, in a type of lending unlawful into the state cannot stand.
Whenever Phyllis Salowe-Kaye discovered that the latest Jersey State Investment Council had spent $50 million state pension bucks with a personal equity company which used a few of the funds to acquire a predatory payday loan provider, she had the proverbial roof. The longtime professional manager of brand new Jersey Citizen Action quickly assembled a strong coalition of customer security and civil legal rights advocates and […]