Nebraskans vote to limit ‘exploitative’ payday advances Voters in Nebraska sided with efforts to restrict loans that are payday moving an initiative Tuesday that the Nebraska Catholic Conference had endorsed as a method to safeguard poor people from becoming caught with debt. The Lincoln Journal-Star reports over 80% of Nebraskan voters backed Initiative 248, which caps payday loans at a 36% annual percentage rate. Formerly, the lending that is legal…