Nj-new jersey Divests from Payday Lending

Nj-new jersey Divests from Payday Lending

Advocates in brand new Jersey mobilize to produce a continuing state retirement investment place their cash where its state regulations is.

Whenever Phyllis Salowe-Kaye discovered that this new Jersey State Investment Council (NJSIC) have spent 50 million state retirement dollars with an exclusive equity company which used a number of the funds to get a predatory payday loan provider, she experienced the roof that is proverbial.