Cash advance interest limit headed for Nebraska’s

Cash advance interest limit headed for Nebraska’s

Nebraska voters can get the opportunity this autumn to create a difficult limit on just how much interest short-term loan providers may charge clients for alleged “payday loans.”

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

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

“We discovered overwhelming help from Nebraskans whenever circulating this petition, so we have become pleased it is official,” said Aubrey Mancuso, a representative for Nebraskans for Responsible Lending and Voices for Children administrator director. Meer lezen