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Pay day loan interest cap headed for Nebraska’s

Pay day loan interest cap headed for Nebraska’s

Nebraska voters are certain to get an opportunity this autumn to create a cap that is hard just how much interest short-term loan providers may charge clients for so-called “payday loans.”

The Secretary of State’s workplace stated Wednesday that petition circulators exceeded the 85,628 signatures that are valid registered voters required to put the measure from the Nov. 3 ballot.

Nebraskans for Responsible Lending turned much more than 120,000 signatures towards the Secretary of State’s workplace in June.