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Nj-new jersey Divests from Payday Lending

This short article initially appeared in Shelterforce. Whenever Phyllis Salowe-Kaye discovered that this new Jersey State Investment Council (NJSIC) had invested 50 million state retirement bucks with an exclusive equity company which used a few of the funds to shop for a predatory payday loan provider, she had the proverbial roof. The longtime administrator manager […]


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