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More information emerge as state’s payday that is first database takes form

More information emerge as state’s payday that is first database takes form

A statewide database monitoring high-interest, short-term payday lending is beginning getting from the ground and perhaps begin documenting such loans by summer time.

Nevada’s Financial Institutions Division — circumstances regulatory human anatomy charged with overseeing alleged payday along with other high-interest lenders — published draft regulations final month that flesh out information on the database and what sort of information it’s going to and may gather.