Archive for the 'payday ok loan' Category

Payday financing industry could see price caps, database under legislative proposals

Payday financing industry could see price caps, database under legislative proposals

Into the weeks that are coming Nevada lawmakers will dsicover a large number of bright-yellow postcards dropped within their mailboxes.

The postcards, delivered by users of the group that is inter-faith for the Common Good, should include handwritten records and demands for legislators to aid more capital for K-12 training, affordable housing income tax credits and extra limitations on payday financing.

It’s section of a renewed work by modern teams and community activists to enshrine brand new restrictions on Nevada’s payday loan industry, 2 yrs after comparable efforts to rein the industry in took place in flames. A new wrinkle is present — whispers of a future ballot question and campaign to cap interest rates in the state if sufficient progress isn’t achieved through the 120-day legislative session although the concepts and battle lines are similar to those seen in the 2017 Legislature. Continue reading ‚Payday financing industry could see price caps, database under legislative proposals‘

Kategorien