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Low-income Americans who take advantage of government safety net programs could be affected by a number of proposed rules and actions in areas such as housing, food aid, overtime and immigration.
You see them on every street corner in Nevada – short-term, high-interest loan businesses, also known as payday loans.
Payday loans can fill in with quick money when money is tight but critics say they can also trap people in a cycle of poverty and debt.
Payday lenders are everywhere you look, offering a quick fix if you're in a pinch between paydays.
A new audit report has found that nearly a third of Nevada payday lenders have received poor ratings from state regulators over the last five years.
Nevada officials have proposed a way to track the payday loan industry in the state.
Assembly Bill 515 would create a confidential database of payday, high-interest and title loans done in Nevada. The bill would create the data without the names of the people receiving the loans.
The latest from a study by the non-profit Corporation for Enterprise Development shows 56 percent of Nevada’s households are
CARSON CITY, Nev. (AP) — Nevada lawmakers have approved a measure adopting tougher regulations for companies that extend high-interest short term loans.
CARSON CITY, Nev. (AP) — Nevada senators have passed a bill that aims to curb predatory short-term lending.
The Nevada Senate voted unanimously Thursday to approve SB242, which would enact the Payday Lender Best Practices Act.