IPL is dealing with OTOC leaders and volunteers for the Payday Ballot Initiative, coordinating volunteer signature gatherers and leading presentations around Omaha.
Kevin Graham leads a presentation at Urban Abbey in February
What’s the “Nebraskans for accountable Lending Campaign”?
A coalition of nonprofits throughout the continuing state have actually teamed up to place this dilemma regarding the ballot. This calls for getting 85,000 signatures of subscribed voters before July 3, 2020. Within these 85,000 signatures, 36 counties require 5% o their voters that are registered signal. Then, in the event that problem qualifies, it will likely be in the 2020 ballot for Nebraskans to vote on november.
Amend Nebraska statutes to cut back the quantity that delayed deposit solutions licensees, also referred to as payday loan providers, may charge to a maximum percentage that is annual of thirty-six %; to prohibit payday lenders from evading this price cap; also to deem void and uncollectable any deal manufactured in breach with this price limit.
If this Petition is put from the 2020 ballot and passed away by Nebraska voters, parts 45-918 and 45-919 associated with the Delayed Deposit Services Licensing Act statutes will be amended to reflex the item of the Petition.
Key Dates:
3, 2020 – Petition signatures needs to be turned inNov.3 july, 2020 – Election Day
Payday Lending Coalition Member List
AARP of Nebraska, ACLU of Nebraska, Habitat for Humanity of Omaha, Nebraska Appleseed, Nebraska Civic Engagement dining dining Table, Omaha Together One Community (OTOC), Planned Parenthood of this Heartland, https://tennesseetitleloans.net/ Voices for kids in Nebraska, Women’s Fund of Omaha
Find out about the Nebraskans for Responsible Lending campaign here
Rod Kuhlman and Richard Blocker present at Augustana Lutheran. Wish to have a presentation at your church? Read on to find out more!