A red state is capping interest rates on payday loans: ‘This transcends political ideology’
U.S.
November 5, 20204 min read, 794 words

A red state is capping interest rates on payday loans: ‘This transcends political ideology’A red state is capping interest rates on payday loans: ‘This transcends political ideology’

Jacob Passy
Published: November 5, 2020  |  4 min read, 794 words
Nebraska voters overwhelming chose to put limits on the interest rates that payday lenders can charge — making it the 17th state to limit interest rates on the risky loans. But consumer advocates cautioned that future protections related to payday loans may need to happen at the ...
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