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Posted by on Dec 16, 2020 in | 0 comments

Nebraska Supreme Court hears challenge to title of payday financing ballot effort

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Nebraska voters could have the chance in November to choose whether cash loan organizations should really be capped into the number of interest they are able to charge for the loans that are small provide.

A effective petition drive put the measure, which may cap pay day loans at 36% instead of 400% as it is currently permitted under state law, from the ballot.

However the owner of Paycheck Advance, one business that might be directly impacted by the alteration, stated such as the wording “payday

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