The Legislature has to work on payday lending

The Legislature has to work on payday lending

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

Sen. Cancela proposed a calculated, incremental bill to invest in the creation of the database to trace payday lending task in Nevada. The measure will make state regulators more efficient in overseeing the state’s lenders that are payday. The Legislature just needs to drop it on his desk as Gov. Sisolak already has announced his support for a database. Lees verder