CARSON CITY — A few high-interest loan providers want to wait to a loophole when you look at the state’s payday loan regulations, Nevada Assembly Speaker Barbara Buckley told lawmakers Thursday. Some high-interest loan providers have actually evaded the 2005 loan that is payday and have to be stopped, stated Buckley. She accuses them of changing their agreements and continuing to charge interest levels as much as 900 % for a 12 months or even more. (more…)
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