Nevada has “no significant legislation of payday lending,” according towards the Center for Responsible Lending.

22 That means there’s simply no limitation to just how much interest loan providers may charge for the $300 loan more than a two-week pay duration.23 And with no limit on interest levels, “consumers will pay double of what they initially borrowed, which will keep them within the cycle of poverty,” Nevada deputy state treasurer Sheila Salehian explained in 2016.24 It is embarrassing to have...
scopri di più