Legislation Establishes Nevada cash advance Database & Nevada name and pay day loans

Legislation Establishes Nevada cash advance Database & Nevada name and pay day loans

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 state’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