Limitations on payday loan providers. Limitations on cash advance levels

Limitations on payday loan providers. Limitations on cash advance levels

Based on the Center for accountable Lending, Nevada has “no significant regulation of payday lending.” There’s absolutely no limit on to exactly exactly just how interest that is much may charge. The average interest rate in Nevada is a whopping 652% (the national average is around 400%) among the highest in the country. But, pay day loans in Nevada aren’t wholly without limitations. Read More