The Legislature should address exploitative methods in NevadaвЂ™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 stateвЂ™s lenders that are payday. (more…)