By Chris Glorioso and Evan Stulberger вЂў Published 5, 2017 вЂў Updated on October 5, 2017 at 7:36 pm october
Do when I do as I say, not.
That would be the message nyc is delivering once the stateвЂ™s pension that is public spend millions in payday lending organizations.
Short-term, high-interest financial obligation referred to as pay day loans are unlawful inside New York boundaries. But which hasnвЂ™t stopped state and town your retirement funds from spending significantly more than $40 hit website million in payday loan providers that run in other states.
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вЂњNew York should not be spending a dime propping them up,вЂќ said Andy Morrison, a spokesman for the brand new Economy venture, a nonprofit that urges retirement supervisors to produce more socially accountable assets. Leer más