The Legislature has to work on payday lending

The Legislature has to work on payday lending

The Legislature should address exploitative methods in Nevada’s payday and short-term financing market. Luckily, it’s two possibilities with legislation currently introduced.

Sen. Cancela proposed a calculated, incremental bill to invest in the development of a database to trace payday financing task in Nevada. The measure will make state regulators more beneficial in overseeing the state’s lenders that are payday. (more…)