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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 the opportunity this autumn to create a hard 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 signatures that are valid registered voters required to put the measure regarding the Nov. 3 ballot. Nebraskans for Responsible Lending turned much more than 120,000 signatures towards the Secretary of State’s Office in June.

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