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Nevada lawmakers desire to produce cash advance database

Nevada lawmakers desire to produce cash advance database

Assembly Bill 515 would develop a database that is confidential of, high-interest and title loans done in Nevada. The concept would be to create information, with no names of individuals loans that are receiving that will better assist the state get a feeling of the industry’s tasks.

CARSON CITY — Nevada officials want an easier way to trace and know the way the pay day https://www.personalloancolorado.com loan industry works within the state.

Assembly Bill 515 would produce a private database of payday, high-interest and title loans done in Nevada. The theory would be to produce information, minus the names of men and women getting loans, that will better assist the state get a feeling of the industry’s tasks.

The balance had been heard Monday into the Assembly Government Affairs Committee which took no action in the bill. It’s exempt from due dates and a crisis demand through the presenter.

“It’s a great first faltering step,” said Assemblywoman Heidi Swank, D-Las Las Las Vegas, that is sponsoring the balance with Assembly Speaker Jason Frierson, D-Las Vegas.