Let me make it clear about Details emerge as Nevada’s very first pay day loan database takes form

Let me make it clear about Details emerge as Nevada’s very first pay day loan database takes form

The Nevada Independent

A statewide database monitoring high-interest, short-term payday lending is beginning to obtain the ground off and perhaps begin documenting such loans by summer.

Nevada’s banking Institutions Division — a situation regulatory human body charged with overseeing alleged payday along with other high-interest lenders — published draft regulations final thirty days that flesh out information on the database and what sort of information it’s going to and may gather. Continue reading “Let me make it clear about Details emerge as Nevada’s very first pay day loan database takes form”