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Nevada payday loan providers’ campaign efforts together with death of AB118

Nevada payday loan providers’ campaign efforts together with death of AB118

Carson City – Assembly Bill 118 would avoid term that is short from charging significantly more than 36 % yearly interest on loans. The bill ended up being assigned to Assembly Commerce and work where this has yet to obtain a hearing. Friday marked the due date for legislation to clear the committee of very first project, and AB118 is formally dead, therefore we took a review of exactly just exactly how much cash the short-term lending industry has used on campaign efforts both for Assembly and Senate events in Nevada for all seated lawmakers. Continue reading Nevada payday loan providers’ campaign efforts together with death of AB118