A BLUEPRINT TO REDUCE POVERTY IN NEW JERSEYProtect low-income consumers.A. Enforce the new predatory lending law and take other steps to end predatory mortgage refinance and other lending practices as well as the abuses by investment bankers who buy and resell their loans. B. Enact a modern judgment exemption statute providing protection for all basic necessities of life, including one’s home. C. Extend basic state consumer credit laws to cover all auto loans. D. Clarify that rent-to-own transactions are subject to the 30% criminal usury law. E. Enact an effective state law barring debt collection harassment and deceptive practices by creditors and their agents
A BLUEPRINT TO REDUCE POVERTY IN NEW JERSEY |