Author: Tori Ostenso

Help protect Nebraskans from being caught in a cycle of debt

For years, payday lenders have issued predatory, fee-packed loans to our neighbors across Nebraska. Payday loans are designed to trap borrowers in a cycle of debt that is extremely difficult to break. Just last year, the Nebraska Department of Banking reported the average contracted annual percentage rate on payday loans was 405%. Marketed as a short-term fix, the loan terms… Read more →