Category: can you get a payday loan with unemployment

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

Posted: 8th February 2021     Posted Category: can you get a payday loan with unemployment

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

Into the coming months, Nevada lawmakers will dsicover lots and lots of bright-yellow postcards dropped to their mailboxes.

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

It’s element of a renewed work by modern teams and community activists to enshrine brand new limitations on Nevada’s payday loan industry, couple of years after similar efforts to rein when you look at the industry took place in flames. Even though the principles and battle lines resemble those noticed in the 2017 Legislature, a brand new wrinkle occurs — whispers of the next ballot question and campaign to cap interest levels in the state if adequate progress is not accomplished through the 120-day legislative session. Continue reading