Nevada is securing its pay day loan laws by having a brand new database that could better monitor data linked to loans within the state and close present loopholes.
The Nevada Senate passed a bill to create a statewide payday and high-interest loan database in April with votes following party lines.
The bill, SB201, had been sponsored by Democrat Yvanna Cancela. It could permit the stateвЂ™s banking institutions Division to contract having a vendor that is private create that database. „Legislation Establishes Nevada cash advance Database & Nevada name and pay day loans“ weiterlesen