Getting Nj-new Jersey to Divest from Payday Lending NJ Citizen Action states having a state pension investment invested, also indirectly, in a type of lending unlawful when you look at the state cannot stand. Whenever Phyllis Salowe-Kaye discovered that the latest Jersey State Investment Council had spent $50 million state retirement bucks with an exclusive equity company which used a few of the funds to buy a predatory payday lender, she experienced the roof that is proverbial. The executive that…