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Law360 (November 4, 2020, 6:42 PM EST) -- Voters in Nebraska on Tuesday overwhelmingly authorized a ballot measure to determine a 36% price cap for payday lenders, positioning their state while the latest to clamp straight down on higher-cost lending to customers. Nebraska's rate-cap Measure 428 proposed changing their state's regulations to prohibit licensed deposit that is"delayed" providers ...
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A vulnerable populace residing on a fixed earnings, seniors are increasingly switching to payday advances in a crisis The customer Financial Protection Bureau said its proposition to move straight right right back legislation for payday lenders gives customers more use of credit — but so far as senior citizens are concerned, that could maybe not be a thing that is good. The Obama-era legis...
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